Purpose- Exchange rate fluctuations and
instability have rekindled interest of researchers in the subject of
relationship between international trade and exchange rate. This study focused
on the impact of exchange rate on international trade churning out various
problems faced by international firms in developing countries specifically in
Turkey.
Methodology- A bi-variate framework was
employed in the study for exchange rate and foreign trade. The study used the
VAR approach and VAR granger causality in the identification of long run
co-integration and causality. Data used was between 1975 and 2014.
Findings- It was found that there was no
directional granger causality between exchange rate and foreign trade in
Turkey. However, diverse dynamic linkages were found between exchange rate and
foreign trade in Turkey using Impulse Response Functions.
Conclusion- The study concluded that,
international firms in Turkey are not singularly motivated by exchange rate
increase or decrease to engage in international trade.
Exchange rate foreign trade international firms VAR impulse response function
Bölüm | Articles |
---|---|
Yazarlar | |
Yayımlanma Tarihi | 30 Mart 2017 |
Yayımlandığı Sayı | Yıl 2017 |
Journal of Business, Economics and Finance (JBEF) is a scientific, academic, double blind peer-reviewed, quarterly and open-access journal. The publication language is English. The journal publishes four issues a year. The issuing months are March, June, September and December. The journal aims to provide a research source for all practitioners, policy makers and researchers working in the areas of business, economics and finance. The Editor of JBEF invites all manuscripts that that cover theoretical and/or applied researches on topics related to the interest areas of the Journal. JBEF charges no submission or publication fee.
Ethics
Policy - JBEF applies the standards of
Committee on Publication Ethics (COPE). JBEF is committed to the academic
community ensuring ethics and quality of manuscripts in publications.
Plagiarism is strictly forbidden and the manuscripts found to be plagiarized
will not be accepted or if published will be removed from the publication. Authors
must certify that their manuscripts are their original work. Plagiarism,
duplicate, data fabrication and redundant publications are forbidden. The
manuscripts are subject to plagiarism check by iThenticate or similar. All manuscript submissions must provide a similarity report (up to 15% excluding quotes, bibliography, abstract, method).
Open Access - All research articles published in PressAcademia Journals are fully open access; immediately freely available to read, download and share. Articles are published under the terms of a Creative Commons license which permits use, distribution and reproduction in any medium, provided the original work is properly cited. Open access is a property of individual works, not necessarily journals or publishers. Community standards, rather than copyright law, will continue to provide the mechanism for enforcement of proper attribution and responsible use of the published work, as they do now.