Author/Authors
BAYAT, Tayfur İnönü Üniversitesi - İktisadi ve İdari Bilimler Fakültesi - İktisat Bölümü, Turkey , ŞAHBAZ, Ahmet Gaziantep Üniversitesi - İktisadi ve İdari Bilimler Fakültesi - İktisat Bölümü, Turkey , AKÇACI, Taner Kilis 7 Aralık Üniversitesi - İktisadi ve İdari Bilimler Fakültesi - İktisat Bölümü, Turkey
Title Of Article
THE EFFECT OF OIL PRICES ON THE TRADE DEFICIT: THE CASE OF TURKEY
شماره ركورد
16846
Abstract
In this study, we investigate the relationship between real oil price and foreign trade deficit in Turkey by using monthly data belonging 1992M1-2012M4 period. In this regard, we employ nonlinear cointegration, nonlinear causality and frequency domain Granger type causality analysis methods. Empirical findings imply that there is a uni-directional nonlinear causality running from real oil price to foreign trade balance. But the causation linkage exists on the medium-term. In the light of the findings, while the volatility in oil price affects foreign trade balance of Turkey, the effect disappears on the long run.
From Page
67
NaturalLanguageKeyword
Trade Balance , Oil Prices , Nonlinear Cointegration , Nonlinear Casuality , Frequency Domain Causality
JournalTitle
Erciyes University Journal Of Economics and Administrative Sciences
To Page
90
JournalTitle
Erciyes University Journal Of Economics and Administrative Sciences
Link To Document