Araştırma Makalesi

Inequality and the Import Demand in Turkey

Cilt: 71 Sayı: 2 31 Aralık 2021
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Inequality and the Import Demand in Turkey

Öz

The study aims to see whether the long-run relation between inequality and import demand exists in Turkey. The Autoregressive Distributed Lag (ARDL) cointegration technique is used in this study to estimate the long-run relationships between real imports, income, relative price, real exports, and inequality for the period 1982-2015. The results revealed that the income elasticity of imports is greater than one as the literature suggests. The sign of the coefficient of relative price and its magnitude is also compatible with the literature, while it is not statistically significant. However, the results further reflect that inequality is positively associated with real imports in Turkey contrary to assumptions of the relation between inequality and imports that is found to be negative for lower income countries in some studies. Short-run coefficients reflect that real income and relative prices are associated with real imports, whereas exports and not surprisingly, inequality variables are not in the short-run. The coefficient of income parameter is less in magnitude in the short-run but still greater than one. However, the sign of the coefficient of the relative price turns out to be positive in the short-run

Anahtar Kelimeler

Kaynakça

  1. Adam, A., Katsimi, M., Moutos, M. (2012). Inequality and import demand function. Oxford Economic Papers, 64(4), 675-701. google scholar
  2. Alakbarov, N., Özkaya, H.M., Gündüz & M. Şaşmaz, Ü.M. (2018). Türkiye’nin ithalat talep fonksiyonunun Yapısal Kırılmalı Eşbütünleşme Analizi ile tahmini. Bolu Abant İzzet Baysal Üniversitesi Sosyal Bilimler Enstitüsü Dergisi, 18(4), 67-84. google scholar
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  5. Bahmani-Oskooee, M. (1998). Cointegration approach to estimate the long-run trade elasticities in LDCs. International Economic Journal 12(3), 89-96. google scholar
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  7. Ciani, A. (2021). Income inequality and the quality of imports. Review of World Economics, 157, 375416 DOI:10.1007/s10290-020-00401-2. google scholar
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Ayrıntılar

Birincil Dil

İngilizce

Konular

İşletme

Bölüm

Araştırma Makalesi

Yayımlanma Tarihi

31 Aralık 2021

Gönderilme Tarihi

28 Mayıs 2021

Kabul Tarihi

27 Aralık 2021

Yayımlandığı Sayı

Yıl 2021 Cilt: 71 Sayı: 2

Kaynak Göster

APA
Özbay Daş, Z. (2021). Inequality and the Import Demand in Turkey. İstanbul İktisat Dergisi, 71(2), 395-410. https://doi.org/10.26650/ISTJECON2021-943291
AMA
1.Özbay Daş Z. Inequality and the Import Demand in Turkey. İstanbul İktisat Dergisi. 2021;71(2):395-410. doi:10.26650/ISTJECON2021-943291
Chicago
Özbay Daş, Zühal. 2021. “Inequality and the Import Demand in Turkey”. İstanbul İktisat Dergisi 71 (2): 395-410. https://doi.org/10.26650/ISTJECON2021-943291.
EndNote
Özbay Daş Z (01 Aralık 2021) Inequality and the Import Demand in Turkey. İstanbul İktisat Dergisi 71 2 395–410.
IEEE
[1]Z. Özbay Daş, “Inequality and the Import Demand in Turkey”, İstanbul İktisat Dergisi, c. 71, sy 2, ss. 395–410, Ara. 2021, doi: 10.26650/ISTJECON2021-943291.
ISNAD
Özbay Daş, Zühal. “Inequality and the Import Demand in Turkey”. İstanbul İktisat Dergisi 71/2 (01 Aralık 2021): 395-410. https://doi.org/10.26650/ISTJECON2021-943291.
JAMA
1.Özbay Daş Z. Inequality and the Import Demand in Turkey. İstanbul İktisat Dergisi. 2021;71:395–410.
MLA
Özbay Daş, Zühal. “Inequality and the Import Demand in Turkey”. İstanbul İktisat Dergisi, c. 71, sy 2, Aralık 2021, ss. 395-10, doi:10.26650/ISTJECON2021-943291.
Vancouver
1.Zühal Özbay Daş. Inequality and the Import Demand in Turkey. İstanbul İktisat Dergisi. 01 Aralık 2021;71(2):395-410. doi:10.26650/ISTJECON2021-943291