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Cetin Rahmi (University of Sütçü İmam, Kahramanmaraş, Turkey), Karakaya Etem (Adnan Menderes University, Turkey)
The Impact of Real Exchange Rate Volatility on the Export of Turkish Electrical Appliances
Argumenta Oeconomica, 2013, nr 1 (30), s. 109-125, tab., bibliogr. 48 poz.
Słowa kluczowe
Zmienność kursu walutowego, Kointegracja, Eksport
Exchange rate variability, Cointegration, Export
This paper examines the impact of real exchange rate volatility on the demand for electrical exports, which is the second largest sub-sector of machinery in Turkey, by employing multivariate cointegration and error correction methods. The model was estimated for two-digit electrical exports (SITC 77), using quarterly data for the period 1995-2010. Our estimation results suggest that real exchange rate exerts a negative and significant impact on electrical exports both in the long and short term, while its volatility has only a positive and significant impact in the long run. In addition, the results of the long-term export model indicate that foreign income also has a positive and significant impact on Turkish electrical exports.(original abstract)
Dostępne w
Biblioteka Główna Uniwersytetu Ekonomicznego w Krakowie
Biblioteka Szkoły Głównej Handlowej
Biblioteka Główna Uniwersytetu Ekonomicznego w Katowicach
Biblioteka Główna Uniwersytetu Ekonomicznego w Poznaniu
Biblioteka Główna Uniwersytetu Ekonomicznego we Wrocławiu
Pełny tekst
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