IDEAS home Printed from https://ideas.repec.org/a/agr/journl/vxxiy2014i10(599)p21-32.html
   My bibliography  Save this article

The validity of Marshall-Lerner condition in Turkey: A cointegration approach

Author

Listed:
  • Hakan TÜRKAY

    (Cumhuriyet University, Sivas, Turkey)

Abstract

In recent years, it is discussed that the currency adjustments (devaluations) may frequently have impact on current account deficit associated with the increase in current account deficit. The impact of devaluation on balance of trade depends on the effectiveness of Marshall-Lerner condition. In this study, the validity of Marshall-Lerner condition in Turkey was investigated. According to the results of Johansen cointegration test and error correction model which were obtained by using annual data of 1980-2012 period; some findings were obtained about the validity of Marshall-Lerner condition in the long run.

Suggested Citation

  • Hakan TÜRKAY, 2014. "The validity of Marshall-Lerner condition in Turkey: A cointegration approach," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(10(599)), pages 21-32, October.
    • Handle: RePEc:agr:journl:v:xxi:y:2014:i:10(599):p:21-32
    as

    Download full text from publisher

    File URL: http://store.ectap.ro/articole/1025.pdf
    Download Restriction: no
    File URL: http://www.ectap.ro/articol.php?id=1025&rid=115
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Linda Akoto & Daniel Sakyi, 2019. "Empirical Analysis of the Determinants of Trade Balance in Post-liberalization Ghana," Foreign Trade Review, , vol. 54(3), pages 177-205, August.
    2. Parray Waseem A. & Wani Suadat H. & Yasmin Effat, 2022. "Determinants of the Trade Balance in India. Evidence from a Post-Liberalisation Period," Studia Universitatis „Vasile Goldis” Arad – Economics Series, Sciendo, vol. 32(4), pages 16-37, December.
    3. Muhammad Omer & Junaid Kamal & Jakob Haan, 2023. "Does an exchange rate depreciation improve the trade balance of Pakistan?," International Journal of Economic Policy Studies, Springer, vol. 17(1), pages 163-185, February.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:agr:journl:v:xxi:y:2014:i:10(599):p:21-32. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Mircea Dinu (email available below). General contact details of provider: https://edirc.repec.org/data/agerrea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.