Arbeitspapier

Elasticities of Turkish Exports and Imports

The Turkish current account has been exploding in the last few years leading to concerns of a crisis. One of the primary factors identified in the rising deficits is the appreciating lira. In addition, income elasticity of exports and imports can also shed light on continuing trade deficits. In this paper we analyze exchange rate and income elasticity of Turkish imports and exports. We find a significant gap between domestic and foreign income elasticities (for exports and imports respectively) which points to a threat of growing trade deficits. In addition we also find that the exchange rate elasticity is negative for both Turkish exports and imports. This indicates that depreciation of the Turkish lira will have a negative effect on both imports and exports.

Sprache
Englisch

Erschienen in
Series: Working Papers in Economics ; No. 09/06

Klassifikation
Wirtschaft
Current Account Adjustment; Short-term Capital Movements
Open Economy Macroeconomics
Thema
Cointegration
current account deficits
exchange rate and income elasticity
Turkey
Import
Export
Einkommenselastizität der Nachfrage
Wechselkurs
Außenwirtschaftliches Gleichgewicht
Türkei

Ereignis
Geistige Schöpfung
(wer)
Oğuş Binatlı, Ayla
Sohrabji, Niloufer
Ereignis
Veröffentlichung
(wer)
Izmir University of Economics, Department of Economics
(wo)
Izmir
(wann)
2009

Handle
Letzte Aktualisierung
10.03.2025, 11:45 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Oğuş Binatlı, Ayla
  • Sohrabji, Niloufer
  • Izmir University of Economics, Department of Economics

Entstanden

  • 2009

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