BibTex RIS Kaynak Göster

Export and Exchange Rate Volatility Relationship in Turkish Economy

Yıl 2016, Cilt: 16 Sayı: 2, 303 - 318, 01.05.2016

Cüneyt Sevim Taylan Taner Doğan

Öz

This study fundamentally examines the effects of exchange rate volatility on export. The data consists of Turkey’s five most prominent export partners Germany, France, Italy, United Kingdom, and USA during a period between January, 2002 and November 2014 and it has been analyzed by the ARDL bound testing approach. In addition, the effects of real exchange rate and  industrial production index on export have been scrutinized. Findings show that contrary to theoritical expactations, exchange rate volatility has no statistically significal effect on export neither in short term or long term

Anahtar Kelimeler

Export Exchange Rate Volatility ARDL Bound Testing Approach

Kaynakça

  • Acaravcı, A., & Öztürk, İ. (2002) “Döviz Kurundaki Değişkenliğin Türkiye İhracatı Üzerine Etkisi: Ampirik Bir Çalışma”Review of Social, Economic and Business Studies, 2, 197-206.
  • Akhtar, M. A., & Hilton, R. S. (1984) “Exchange Rate Uncertainty and International Trade: Some Conceptual Issues and New Estimates From Germany And The US” Federal Reserve Bank of New York, Research Paper, (8403).
  • Alessandria, G., Kaboski, J., & Midrigan, V. (2008) Inventories, Lumpy Trade, and Large Devaluations (No. w13790), National Bureau of Economic Research.
  • Alessandria, G., Pratap, S., & Yue, V. Z. (2014) “Export Dynamics in Large Devaluations” Working Paper 12269, http://crei.cat/conferences/ICF14/papers/ yue.pdf (05.05.2015).
  • Altintaş, H., Cetin, R., & Öz, B. (2011) “The Impact of Exchange Rate Volatility on Turkish Exports: 1993- 2009” South East European Journal of Economics and Business, 6(2), 71-81.
  • Arize, A. C., Osang, T., & Slottje, D. J. (2000) “Exchangerate volatility and Foreign Trade: Evidence from Thirteen LDC’s”Journal of Business & Economic Statistics, 18(1), 10-17.
  • Arize, A. C., Osang, T., & Slottje, D. J. (2008) “Exchangerate Volatility in Latin America and Its Impact on Foreign Trade”International Review of Economics & Finance, 17(1), 33-44.
  • Asseery, A., & Peel, D. A. (1991) “The Effects of Exchange Rate Volatility on Exports: Some New Estimates” Economics Letters, 37(2), 173-177.
  • Bahmani-Oskooee, M., & Hegerty, S. W. (2007) “Exchange Rate Volatility and Trade Flows: A Review Article”Journal of Economic Studies, 34(3), 211-255.
  • Bahmani-Oskooee, M., & Hegerty, S. W. (2009) “The Effects of Exchange-rate Volatility on Commodity Trade Between the United States and Mexico” Southern Economic Journal, 1019-1044.
  • Bailey, M. J., Tavlas, G. S., & Ulan, M. (1986) “Exchangerate Variability and Trade Performance: Evidence for the Big Seven Industrial Countries” Weltwirtschaftliches Archiv, 122(3), 466-477.
  • Balcılar, M., Bal, H., Algan, N., & Demiral, M. (2014) “Türkiye’nin İhracat Performansı: İhracat Hacminin Temel Belirleyicilerinin İncelenmesi (1995-2012)” Ege Akademik Bakış, 14(3), 451.
  • Bergin, P. R., & Lin, C. Y. (2012) “The Dynamic Effects of a Currency Union on Trade”Journal of International Economics, 87(2), 191-204.
  • Bernard, A. B., Jensen, J. B., Redding, S. J., & Schott, P. K. (2009) The Margins of US Trade (Long Version) (No. w14662), National Bureau of Economic Research. Broll, U. (1997) “Exchange Rate Risk, Export and Hedging”International Journal of Finance & Economics, 2(2), 145-150.
  • Broll, U., & Eckwert, B. (1999) “Exchange Rate Volatility and International Trade” Southern Economic Journal, 178-185.
  • Chaney, T. (2005) “Liquidity Constrained Exporters” http://www.researchgate.net/ profile/ Thomas_Chaney/publication/228343788_ Liquidity_constrained_exporters/ links/0deec51c06bf9ad6b5000000.pdf (05.05.2015).
  • Chit, M. M. (2008) “Exchange Rate Volatility and Exports: Evidence from the ASEAN-China Free Trade Area”Journal of Chinese Economic and Business Studies, 6(3), 261-277.
  • Chit, M. M., & Judge, A. (2011) “Non‐linear Effect of Exchange Rate Volatility on Exports: The Role of Financial Sector Development in Emerging East Asian Economies”International Review of Applied Economics, 25(1), 107-119.
  • Chit, M. M., Rizov, M., & Willenbockel, D. (2010) “Exchange Rate Volatility and Exports: New Empirical Evidence from the Emerging East Asian Economies” The World Economy, 33(2), 239-263.
  • Chou, W. L. (2000) “Exchange Rate Variability and China’s Exports”Journal of Comparative Economics, 28(1), 61-79.
  • Chowdhury, A. R. (1993) “Does Exchange Rate Volatility Depress Trade Flows? Evidence from Errorcorrection Models” The Review of Economics and Statistics, 700-706.
  • Çiftçi, N. (2014) “Reel Döviz Kuru Oynaklığının Türkiye’nin Avrupa Birliğine İhracatı Üzerine Etkisi: Ar (1) - Garch (1,1) ve ARDL Tekniği ile Analiz” Sakarya İktisat Dergisi 3:72–112.
  • Clark, P. B. (1973) “Uncertainty, Exchange Risk, and the Level of International Trade” Economic Inquiry, 11(3), 302-313.
  • Coes, D. V. (1981) “The Crawling Peg and Exchange Rate Uncertainty” Exchange rate rules: The theory, performance and prospects of the crawling peg, 113- 136.
  • Ćorić, B., & Pugh, G. (2010) “The Effects of Exchange Rate Variability on International Trade: A MetaRegression Analysis”Applied Economics, 42(20), 2631- 2644.
  • Cushman, D. O. (1983) “The Effects of Real Exchange Rate Risk on International Trade. Journal of international Economics” 15(1), 45-63.
  • Cushman, D. O. (1986) “Has Exchange Risk Depressed International Trade? The Impact of Third-country Exchange Risk”Journal of International money and Finance, 5(3), 361-379.
  • De Grauwe, P. (1988) “Exchange Rate Variability and the Slowdown in Growth of International Trade” Staff Papers-International Monetary Fund, 63-84.
  • Dekle, R., & Ryoo, H. H. (2007) “Exchange Rate Fluctuations, Financing Constraints, Hedging, and Exports: Evidence from Firm Level Data”Journal of International Financial Markets, Institutions and Money, 17(5), 437-451.
  • Dellas, H., & Zilberfarb, B. Z. (1993) “Real Exchange Rate Volatility and International Trade: A Reexamination of the Theory” Southern Economic Journal, 641-647.
  • Doğanlar, M. (2002) “Estimating the Impact of Exchange Rate Volatility on Exports: Evidence from Asian Countries”Applied Economics Letters, 9(13), 859- 863.
  • Ethier, W. (1973) “International Trade and the Forward Exchange Market” The American Economic Review, 494-503.
  • Franke, G. (1991) “Exchange Rate Volatility and International Trading Strategy” Journal of International Money and Finance, 10(2), 292-307.
  • Giovannini, A. (1988) “Exchange Rates and Traded Goods Prices”Journal of International Economics, 24(1), 45-68.
  • Gotur, P. (1985) “Effects of Exchange Rate Volatility on Trade: Some Further Evidence” Staff PapersInternational Monetary Fund, 475-512.
  • Hooper, P., & Kohlhagen, S. W. (1978) “The Effect of Exchange Rate Uncertainty on the Prices and Volume of International Trade”Journal of International Economics, 8(4), 483-511.
  • Hsu, K. C., & Chiang, H. C. (2011) “The Threshold Effects of Exchange Rate Volatility on Exports: Evidence from US Bilateral Exports” The Journal of International Trade & Economic Development, 20(1), 113-128.
  • Huchet-Bourdon, M., & Korinek, J. (2011) “To What Extent do Exchange rates and their Volatility Affect Trade?” OECD Trade Policy Working Paper Series, (119).
  • Kamal, Y., Haq, H., Ghani, U., & Khan, M. M. (2012) “Modeling the Exchange Rate Volatility, Using Generalized Autoregressive Conditionally Heteroscedastic (GARCH) Type Models: Evidence from Pakistan”African Journal of Business Management, 6(8), 2830-2838.
  • Kasman, A. (2003) “Türkiye’de Reel Döviz Kuru Oynaklığı ve Bunun İhracat Üzerine Etkisi: Sektörel Bir Analiz”Uludağ Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 22(2), 169-186.
  • Kawai, M., & Zilcha, I. (1986) “International Trade with Forward-futures Markets under Exchange Rate and Price Uncertainty”Journal of International Economics, 20(1), 83-98.
  • Kenen, P. B., & Rodrik, D. (1986) “Measuring and Analyzing the Effects of Short-term Volatility in Real Exchange Rates” The Review of Economics and Statistics, 311-315.
  • Kızıldere, C., Kabadayı, B., & Emsen, Ö. S. (2013) “Dış Ticaretin Döviz Kuru Değişmelerine Duyarlılığı: Seçilmiş Gelişmekte Olan Ülkeler Üzerine Bir İnceleme”Atatürk Üniversitesi İktisadi ve İdari Bilimler Dergisi, 27(3):41-54.
  • Koray, F., & Lastrapes, W. D. (1989) “Real Exchange Rate Volatility and US Bilateral Trade: a VAR Approach” The Review of Economics and Statistics, 708-712.
  • Köse, N., Ay A. & Topallı N. (2008) “Döviz Kuru Oynaklığının İhracata Etkisi: Türkiye Örneği (1995- 2008)” Gazi Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 10(2):25-45.
  • McKenzie, M.D. (1999) “The Impact of Exchange Rate Volatility on International Trade Flows” Journal of Economic Surveys, 13(1):71–106.
  • Naknoi, K. (2015) “Exchange Rate Volatility and Fluctuations in the Extensive Margin of Trade” Journal of Economic Dynamics and Control, 52:322–39.
  • Özbay, P. (1999) The Effect of Exchange rate Uncertainty on Exports: A Case Study for Turkey, Central Bank of the Republic of Turkey.
  • Pesaran, M. H., Shin, Y., & Smith, R. J. (2001) “Bounds Testing Approaches to the Analysis of Level Relationships”Journal of applied econometrics, 16(3), 289-326.
  • Poon, S. H., & Granger, C. W. (2003) “Forecasting Volatility in Financial Markets: A Review”Journal of economic literature, 41(2), 478-539.
  • Rey, S. (2006) “Effective Exchange Rate Volatility And Mena Countries Exports To The Eu.” Journal of Economic Development, 31(2):23–54.
  • Saatçioğlu, C., & Karaca, O. (2011) “Döviz Kuru Belirsizliğinin İhracata Etkisi: Türkiye Örneği”Doğuş Üniversitesi Dergisi, 5(2), 183-195.
  • Sauer, C., & Bohara, A. K. (2001) “Exchange Rate Volatility and Exports: Regional Differences between Developing and Industrialized Countries”Review of International Economics, 9(1), 133-152.
  • Sengupta, J. K., & Sfejr, R. E. (1997) “Modelling Exchange Rate Volatility” International Journal of Systems Science, 28(6), 617-624.
  • Sercu, P., & Vanhulle, C. (1992) “Exchange Rate Volatility, International Trade, and the Value of Exporting Firms”Journal of Banking & Finance, 16(1), 155-182.
  • Sevim, C., Oztekin, A., Bali, O., Gumus, S., & Guresen, E. (2014) “Developing an Early Warning System to Predict Currency Crises” European Journal of Operational Research, 237(3), 1095-1104.
  • Tang, H. C. (2014) “Exchange Rate Volatility and Intra‐ Asia Trade: Evidence by Type of Goods” The World Economy, 37(2), 335-352.
  • Thursby, J. G., & Thursby, M. C. (1987) “Bilateral Trade Flows, the Linder Hypothesis, and Exchange Risk” The Review of Economics and Statistics, 488-495.
  • Vergil, H. (2002) “Exchange Rate Volatility in Turkey and its Effect on Trade Flows”Journal of Economic and Social Research, 4(1), 83-99.

Türkiye Ekonomisinde İhracat ve Döviz Kuru Oynaklığı İlişkisi

Yıl 2016, Cilt: 16 Sayı: 2, 303 - 318, 01.05.2016

Cüneyt Sevim Taylan Taner Doğan

Öz

Bu çalışmada temel olarak döviz kuru oynaklığının ihracat üzerindeki etkisi incelenmiştir. Türkiye’nin en çok ihracat yaptığı beş ülke olan Almanya, Fransa, İtalya, İngiltere ve Amerika Birleşik Devletleri’nin Ocak 2002 – Kasım 2014 dönemi verileri, ARDL Sınır Testi Yaklaşımı ile analiz edilmiştir. Ayrıca reel döviz kuru ve ihracat yapılan ülkelerin endüstriyel üretim endeksinin de ihracata etkisi incelenmiştir. Ulaşılan sonuçlar teorik beklentilere karşın döviz kuru oynaklığının ne kısa ne de uzun dönemde ihracat üzerinde anlamlı bir etkisi olmadığı yönündedir

Anahtar Kelimeler

İhracat Döviz Kuru Oynaklığı ARDL Sınır Testi Yaklaşımı

Kaynakça

  • Acaravcı, A., & Öztürk, İ. (2002) “Döviz Kurundaki Değişkenliğin Türkiye İhracatı Üzerine Etkisi: Ampirik Bir Çalışma”Review of Social, Economic and Business Studies, 2, 197-206.
  • Akhtar, M. A., & Hilton, R. S. (1984) “Exchange Rate Uncertainty and International Trade: Some Conceptual Issues and New Estimates From Germany And The US” Federal Reserve Bank of New York, Research Paper, (8403).
  • Alessandria, G., Kaboski, J., & Midrigan, V. (2008) Inventories, Lumpy Trade, and Large Devaluations (No. w13790), National Bureau of Economic Research.
  • Alessandria, G., Pratap, S., & Yue, V. Z. (2014) “Export Dynamics in Large Devaluations” Working Paper 12269, http://crei.cat/conferences/ICF14/papers/ yue.pdf (05.05.2015).
  • Altintaş, H., Cetin, R., & Öz, B. (2011) “The Impact of Exchange Rate Volatility on Turkish Exports: 1993- 2009” South East European Journal of Economics and Business, 6(2), 71-81.
  • Arize, A. C., Osang, T., & Slottje, D. J. (2000) “Exchangerate volatility and Foreign Trade: Evidence from Thirteen LDC’s”Journal of Business & Economic Statistics, 18(1), 10-17.
  • Arize, A. C., Osang, T., & Slottje, D. J. (2008) “Exchangerate Volatility in Latin America and Its Impact on Foreign Trade”International Review of Economics & Finance, 17(1), 33-44.
  • Asseery, A., & Peel, D. A. (1991) “The Effects of Exchange Rate Volatility on Exports: Some New Estimates” Economics Letters, 37(2), 173-177.
  • Bahmani-Oskooee, M., & Hegerty, S. W. (2007) “Exchange Rate Volatility and Trade Flows: A Review Article”Journal of Economic Studies, 34(3), 211-255.
  • Bahmani-Oskooee, M., & Hegerty, S. W. (2009) “The Effects of Exchange-rate Volatility on Commodity Trade Between the United States and Mexico” Southern Economic Journal, 1019-1044.
  • Bailey, M. J., Tavlas, G. S., & Ulan, M. (1986) “Exchangerate Variability and Trade Performance: Evidence for the Big Seven Industrial Countries” Weltwirtschaftliches Archiv, 122(3), 466-477.
  • Balcılar, M., Bal, H., Algan, N., & Demiral, M. (2014) “Türkiye’nin İhracat Performansı: İhracat Hacminin Temel Belirleyicilerinin İncelenmesi (1995-2012)” Ege Akademik Bakış, 14(3), 451.
  • Bergin, P. R., & Lin, C. Y. (2012) “The Dynamic Effects of a Currency Union on Trade”Journal of International Economics, 87(2), 191-204.
  • Bernard, A. B., Jensen, J. B., Redding, S. J., & Schott, P. K. (2009) The Margins of US Trade (Long Version) (No. w14662), National Bureau of Economic Research. Broll, U. (1997) “Exchange Rate Risk, Export and Hedging”International Journal of Finance & Economics, 2(2), 145-150.
  • Broll, U., & Eckwert, B. (1999) “Exchange Rate Volatility and International Trade” Southern Economic Journal, 178-185.
  • Chaney, T. (2005) “Liquidity Constrained Exporters” http://www.researchgate.net/ profile/ Thomas_Chaney/publication/228343788_ Liquidity_constrained_exporters/ links/0deec51c06bf9ad6b5000000.pdf (05.05.2015).
  • Chit, M. M. (2008) “Exchange Rate Volatility and Exports: Evidence from the ASEAN-China Free Trade Area”Journal of Chinese Economic and Business Studies, 6(3), 261-277.
  • Chit, M. M., & Judge, A. (2011) “Non‐linear Effect of Exchange Rate Volatility on Exports: The Role of Financial Sector Development in Emerging East Asian Economies”International Review of Applied Economics, 25(1), 107-119.
  • Chit, M. M., Rizov, M., & Willenbockel, D. (2010) “Exchange Rate Volatility and Exports: New Empirical Evidence from the Emerging East Asian Economies” The World Economy, 33(2), 239-263.
  • Chou, W. L. (2000) “Exchange Rate Variability and China’s Exports”Journal of Comparative Economics, 28(1), 61-79.
  • Chowdhury, A. R. (1993) “Does Exchange Rate Volatility Depress Trade Flows? Evidence from Errorcorrection Models” The Review of Economics and Statistics, 700-706.
  • Çiftçi, N. (2014) “Reel Döviz Kuru Oynaklığının Türkiye’nin Avrupa Birliğine İhracatı Üzerine Etkisi: Ar (1) - Garch (1,1) ve ARDL Tekniği ile Analiz” Sakarya İktisat Dergisi 3:72–112.
  • Clark, P. B. (1973) “Uncertainty, Exchange Risk, and the Level of International Trade” Economic Inquiry, 11(3), 302-313.
  • Coes, D. V. (1981) “The Crawling Peg and Exchange Rate Uncertainty” Exchange rate rules: The theory, performance and prospects of the crawling peg, 113- 136.
  • Ćorić, B., & Pugh, G. (2010) “The Effects of Exchange Rate Variability on International Trade: A MetaRegression Analysis”Applied Economics, 42(20), 2631- 2644.
  • Cushman, D. O. (1983) “The Effects of Real Exchange Rate Risk on International Trade. Journal of international Economics” 15(1), 45-63.
  • Cushman, D. O. (1986) “Has Exchange Risk Depressed International Trade? The Impact of Third-country Exchange Risk”Journal of International money and Finance, 5(3), 361-379.
  • De Grauwe, P. (1988) “Exchange Rate Variability and the Slowdown in Growth of International Trade” Staff Papers-International Monetary Fund, 63-84.
  • Dekle, R., & Ryoo, H. H. (2007) “Exchange Rate Fluctuations, Financing Constraints, Hedging, and Exports: Evidence from Firm Level Data”Journal of International Financial Markets, Institutions and Money, 17(5), 437-451.
  • Dellas, H., & Zilberfarb, B. Z. (1993) “Real Exchange Rate Volatility and International Trade: A Reexamination of the Theory” Southern Economic Journal, 641-647.
  • Doğanlar, M. (2002) “Estimating the Impact of Exchange Rate Volatility on Exports: Evidence from Asian Countries”Applied Economics Letters, 9(13), 859- 863.
  • Ethier, W. (1973) “International Trade and the Forward Exchange Market” The American Economic Review, 494-503.
  • Franke, G. (1991) “Exchange Rate Volatility and International Trading Strategy” Journal of International Money and Finance, 10(2), 292-307.
  • Giovannini, A. (1988) “Exchange Rates and Traded Goods Prices”Journal of International Economics, 24(1), 45-68.
  • Gotur, P. (1985) “Effects of Exchange Rate Volatility on Trade: Some Further Evidence” Staff PapersInternational Monetary Fund, 475-512.
  • Hooper, P., & Kohlhagen, S. W. (1978) “The Effect of Exchange Rate Uncertainty on the Prices and Volume of International Trade”Journal of International Economics, 8(4), 483-511.
  • Hsu, K. C., & Chiang, H. C. (2011) “The Threshold Effects of Exchange Rate Volatility on Exports: Evidence from US Bilateral Exports” The Journal of International Trade & Economic Development, 20(1), 113-128.
  • Huchet-Bourdon, M., & Korinek, J. (2011) “To What Extent do Exchange rates and their Volatility Affect Trade?” OECD Trade Policy Working Paper Series, (119).
  • Kamal, Y., Haq, H., Ghani, U., & Khan, M. M. (2012) “Modeling the Exchange Rate Volatility, Using Generalized Autoregressive Conditionally Heteroscedastic (GARCH) Type Models: Evidence from Pakistan”African Journal of Business Management, 6(8), 2830-2838.
  • Kasman, A. (2003) “Türkiye’de Reel Döviz Kuru Oynaklığı ve Bunun İhracat Üzerine Etkisi: Sektörel Bir Analiz”Uludağ Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 22(2), 169-186.
  • Kawai, M., & Zilcha, I. (1986) “International Trade with Forward-futures Markets under Exchange Rate and Price Uncertainty”Journal of International Economics, 20(1), 83-98.
  • Kenen, P. B., & Rodrik, D. (1986) “Measuring and Analyzing the Effects of Short-term Volatility in Real Exchange Rates” The Review of Economics and Statistics, 311-315.
  • Kızıldere, C., Kabadayı, B., & Emsen, Ö. S. (2013) “Dış Ticaretin Döviz Kuru Değişmelerine Duyarlılığı: Seçilmiş Gelişmekte Olan Ülkeler Üzerine Bir İnceleme”Atatürk Üniversitesi İktisadi ve İdari Bilimler Dergisi, 27(3):41-54.
  • Koray, F., & Lastrapes, W. D. (1989) “Real Exchange Rate Volatility and US Bilateral Trade: a VAR Approach” The Review of Economics and Statistics, 708-712.
  • Köse, N., Ay A. & Topallı N. (2008) “Döviz Kuru Oynaklığının İhracata Etkisi: Türkiye Örneği (1995- 2008)” Gazi Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 10(2):25-45.
  • McKenzie, M.D. (1999) “The Impact of Exchange Rate Volatility on International Trade Flows” Journal of Economic Surveys, 13(1):71–106.
  • Naknoi, K. (2015) “Exchange Rate Volatility and Fluctuations in the Extensive Margin of Trade” Journal of Economic Dynamics and Control, 52:322–39.
  • Özbay, P. (1999) The Effect of Exchange rate Uncertainty on Exports: A Case Study for Turkey, Central Bank of the Republic of Turkey.
  • Pesaran, M. H., Shin, Y., & Smith, R. J. (2001) “Bounds Testing Approaches to the Analysis of Level Relationships”Journal of applied econometrics, 16(3), 289-326.
  • Poon, S. H., & Granger, C. W. (2003) “Forecasting Volatility in Financial Markets: A Review”Journal of economic literature, 41(2), 478-539.
  • Rey, S. (2006) “Effective Exchange Rate Volatility And Mena Countries Exports To The Eu.” Journal of Economic Development, 31(2):23–54.
  • Saatçioğlu, C., & Karaca, O. (2011) “Döviz Kuru Belirsizliğinin İhracata Etkisi: Türkiye Örneği”Doğuş Üniversitesi Dergisi, 5(2), 183-195.
  • Sauer, C., & Bohara, A. K. (2001) “Exchange Rate Volatility and Exports: Regional Differences between Developing and Industrialized Countries”Review of International Economics, 9(1), 133-152.
  • Sengupta, J. K., & Sfejr, R. E. (1997) “Modelling Exchange Rate Volatility” International Journal of Systems Science, 28(6), 617-624.
  • Sercu, P., & Vanhulle, C. (1992) “Exchange Rate Volatility, International Trade, and the Value of Exporting Firms”Journal of Banking & Finance, 16(1), 155-182.
  • Sevim, C., Oztekin, A., Bali, O., Gumus, S., & Guresen, E. (2014) “Developing an Early Warning System to Predict Currency Crises” European Journal of Operational Research, 237(3), 1095-1104.
  • Tang, H. C. (2014) “Exchange Rate Volatility and Intra‐ Asia Trade: Evidence by Type of Goods” The World Economy, 37(2), 335-352.
  • Thursby, J. G., & Thursby, M. C. (1987) “Bilateral Trade Flows, the Linder Hypothesis, and Exchange Risk” The Review of Economics and Statistics, 488-495.
  • Vergil, H. (2002) “Exchange Rate Volatility in Turkey and its Effect on Trade Flows”Journal of Economic and Social Research, 4(1), 83-99.
Toplam 59 adet kaynakça vardır.

Ayrıntılar

Diğer ID JA46DC77SP
Bölüm Araştırma Makalesi
Yazarlar

Cüneyt Sevim Bu kişi benim

Taylan Taner Doğan Bu kişi benim

Yayımlanma Tarihi 1 Mayıs 2016
Yayımlandığı Sayı Yıl 2016 Cilt: 16 Sayı: 2

Kaynak Göster

APA Sevim, C., & Doğan, T. T. (2016). Export and Exchange Rate Volatility Relationship in Turkish Economy. Ege Academic Review, 16(2), 303-318.
AMA Sevim C, Doğan TT. Export and Exchange Rate Volatility Relationship in Turkish Economy. eab. Mayıs 2016;16(2):303-318.
Chicago Sevim, Cüneyt, ve Taylan Taner Doğan. “Export and Exchange Rate Volatility Relationship in Turkish Economy”. Ege Academic Review 16, sy. 2 (Mayıs 2016): 303-18.
EndNote Sevim C, Doğan TT (01 Mayıs 2016) Export and Exchange Rate Volatility Relationship in Turkish Economy. Ege Academic Review 16 2 303–318.
IEEE C. Sevim ve T. T. Doğan, “Export and Exchange Rate Volatility Relationship in Turkish Economy”, eab, c. 16, sy. 2, ss. 303–318, 2016.
ISNAD Sevim, Cüneyt - Doğan, Taylan Taner. “Export and Exchange Rate Volatility Relationship in Turkish Economy”. Ege Academic Review 16/2 (Mayıs 2016), 303-318.
JAMA Sevim C, Doğan TT. Export and Exchange Rate Volatility Relationship in Turkish Economy. eab. 2016;16:303–318.
MLA Sevim, Cüneyt ve Taylan Taner Doğan. “Export and Exchange Rate Volatility Relationship in Turkish Economy”. Ege Academic Review, c. 16, sy. 2, 2016, ss. 303-18.
Vancouver Sevim C, Doğan TT. Export and Exchange Rate Volatility Relationship in Turkish Economy. eab. 2016;16(2):303-18.
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