Author/Authors
YILDIRIM, Ertuğrul Zonguldak Karaelmas Üniversitesi - İktisadi ve İdari Birimler Fakültesi - İktisat Bölümü, Turkey , KESİKOĞLU, Ferdi Zonguldak Karaelmas Üniversitesi - Devrek Meslek Yüksekokulu - Muhasebe ve Vergi Uygulamaları Bölümü, Turkey
Title Of Article
Dependence of Import-Export-Exchange Rate: Application of Bootstrap-Corrected Causality Test
شماره ركورد
44334
Abstract
In this study which empirically investigates import-export-real exchange rate causality relationships for Turkey in the period of 2003:1-2011:9 it was used a leveraged bootstrap-corrected MWALD test suggested by Hacker and Hatemi-J (2006). It was found that there are bi-directional causality relationships between total export-total import, total export-intermediate good import, total export-capital good import, total import-consumer good export and capital good import-consumer good export. It was obtained that there was unidirectional causality relationships from total export to consumer good import, from consumer good export to consumer good import and to intermediate good import. I was found causality relationships neither between real exchange rate and import nor real exchange rate and import. When the findings totally evaluated, it was imply that dependence between import and export lead to neutrality of exchange rate policy.
From Page
137
NaturalLanguageKeyword
Import , export , exchange rate , causality
JournalTitle
Ege Academic Review (EAR)
To Page
148
JournalTitle
Ege Academic Review (EAR)
Link To Document