DÖVİZ KURU BELİRSİZLİĞİNİN İHRACAT PERFORMANSI ÜZERİNDEKİ ETKİSİ: AZERBAYCAN VE TÜRKİYE ÖRNEĞİ
IMPACT OF EXCHANGE RATE UNCERTAINTY ON EXPORT PERFORMANCE: THE CASE OF TURKEY AND AZERBAIJAN
Author(s): Siminbar Yariyeva, Ramazan ArslanSubject(s): Supranational / Global Economy, International relations/trade
Published by: Bartın Üniversitesi, Sosyal Bilimler Enstitüsü
Keywords: Exchange rate uncertainty; Export performance; Cross-sectional dependence; Pooled Average Group (PMG) Estimator;
Summary/Abstract: In this study, the effects of exchange rate uncertainty in Turkey and in Azerbaijan on export performance examined using annual data for the 1995-2017 period. İn study, according to the test results firstly this is accepted: a horizontal cross- section dependence is exists. Then the series is tested trough generation panel unit root tests (CADF & CİPS), to see if the series is constant According to this examination, it is decided whether there is a unit root and that shocks are temporary. İt is observed across the panel that there is a casuality relationship from export to exchange rate to export, so it is a one- way casuality relationship. Finally, the Pooled Medial Group (PMG) Estimator was chosen for panel estimation. And in according to the results of PMG in Azerbaijan there are only short- term relation.
Journal: JOMELIPS-Journal of Management Economics Literature Islamic and Political Sciences
- Issue Year: 5/2020
- Issue No: 1
- Page Range: 25-43
- Page Count: 19
- Language: Turkish