@article{article_473177, title={THE BASIC DETERMINANTS OF TURKISH IMPORT (1989-2004)}, journal={Ege Academic Review}, volume={10}, pages={351–369}, year={2010}, author={Bayraktutan, Yusuf and Bıdırdı, Hanife}, keywords={İthalatın Belirleyicileri, Türkiye İthalatı, Ko-entegrasyon, Hata Düzeltme Modeli.}, abstract={Mainobjective of this study is to establish the determinants of Turkish import for 1989-2004 period and to make policy proposals for the future. In this framework, the long-term demand for import is forecasted by the use of Engle-Granger Two Step forecast method, and by this way, the short-term relationships are searched for by Error-Correction Model. Estimating the model in which real income and reel effective exchange rate are independent variables, it is concluded that Turkish import is more sensitive to economic growth than the real exchange rate. Correspondingly, it is considered that, in case of foreign trade gap, this result will provide an insight into the effectiveness of exchange rate policy to restrict imports}, number={1}, publisher={Ege Üniversitesi}