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AN APPLIED TRADE BALANCE MODELLING FOR SOME MACROECONOMIC VARIABLES THAT HAVE AN IMPACT ON FOREIGN TRADE: ARDL BOUNDS TESTING APPROACH  
Yazarlar
Ali KONAK
Levent KORAP
Özet
In this paper, a theory based trade balance model is tried to be estimated upon the Turkish economy. Our findings considering 2003Q1--2018Q2 sample period indicates that trade balance charactesristics can be obtained in a stationary form in line with our expectations. Increases in domestic income worsen the trade balance while increases in foreign income improve it. In addition, the developments occurring in real exchange have significant effects on the trade balance, and in this context, the real appreciation of the national currency against foreign currencies in the long term deteriorated the trade balance. 34% of the deviations from the long run trade balance relationship have been observed to disappear in one observation period.
Anahtar Kelimeler
Makale Türü Özgün Makale
Makale Alt Türü Uluslararası alan indekslerindeki dergilerde yayımlanan tam makale
Dergi Adı Business & Management Studies: An International Journal
Dergi Tarandığı Indeksler
Makale Dili İngilizce
Basım Tarihi 01-2019
Cilt No 7
Sayı 1
Sayfalar 403 / 0
BM Sürdürülebilir Kalkınma Amaçları
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