Exchange rate volatility and Turkish–German commodity trade: an asymmetry analysis
Yazarlar (2)
Mohsen Bahmani-Oskooee
University Of Wisconsin-Milwaukee, Amerika Birleşik Devletleri
University Of Wisconsin-Milwaukee, Amerika Birleşik Devletleri
Prof. Dr. Hüseyin KARAMELİKLİ Karabük Üniversitesi, Türkiye
| Makale Türü | Özgün Makale (ESCI dergilerinde yayınlanan tam makale) | ||
| Dergi Adı | Studies in Economics and Finance | ||
| Dergi ISSN | 1086-7376 | ||
| Dergi Tarandığı Indeksler | ESCI, SCOPUS | ||
| Makale Dili | İngilizce | Basım Tarihi | 01-2021 |
| Kabul Tarihi | – | Yayınlanma Tarihi | 15-02-2021 |
| Cilt / Sayı / Sayfa | 38 / 4 / 748–785 | DOI | 10.1108/SEF-04-2020-0120 |
| Makale Linki | http://dx.doi.org/10.1108/sef-04-2020-0120 | ||
| UAK Araştırma Alanları |
Uluslararası Ticaret
|
||
| Özet |
| Purpose The purpose of this paper is to show that in some industries the linear model may not reveal any significance link between exchange rate volatility and trade flows but once nonlinear adjustment of exchange rate volatility is introduced, the nonlinear model reveals significant link. Design/methodology/approach This paper uses the linear ARDL approach of Pesaran et al. (2001) and the nonlinear ARDL approach of Shin et al. (2014) to assess asymmetric effects of exchange rate volatility on trade flows between Germany and Turkey. Findings This paper consider the experiences of 75 2-digit industries that trade between Turkey and Germany. When the study assumed the effects of volatility to be symmetric, the study found short-run effects in 31 (30) Turkish (German) exporting industries that lasted into the long run in only 10 (13) Turkish (German … |
| Anahtar Kelimeler |
| 75 industries | Asymmetry analysis | Germany | Lira-euro volatility | Turkey |
