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
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Objekttyp
- Arbeitspapier
Beteiligte
- Oğuş Binatlı, Ayla
- Sohrabji, Niloufer
- Izmir University of Economics, Department of Economics
Entstanden
- 2009