IDEAS home Printed from https://ideas.repec.org/a/eme/jespps/v34y2007i2p103-119.html
   My bibliography  Save this article

The J-curve dynamics of Turkish bilateral trade: a cointegration approach

Author

Listed:
  • Ferda Halicioglu

Abstract

Purpose - The purpose of this paper is to study empirically the dynamics of Turkish bilateral trade between Turkey and her nine trading partners, in addition to aggregate trade balance data. Design/methodology/approach - The paper employs cointegration, generalized impulse response analysis, and stability tests. Findings - The empirical results suggest non-existence of the J-curve effect at disaggregate and aggregate levels. However, Marshall-Lerner condition holds for the aggregate data along with some of the trading partners. With regard to the stability of trade balance equations, the findings are mixed. Practical implications - Conclusions drawn from this study could be useful for the policy makers of governments and practitioners in international trade organizations. Originality/value - This paper extends the existing literature by providing initial evidence at disaggregate data in the case of Turkey. Moreover, for the first time disaggregate and aggregate data are utilized in the same analysis.

Suggested Citation

  • Ferda Halicioglu, 2007. "The J-curve dynamics of Turkish bilateral trade: a cointegration approach," Journal of Economic Studies, Emerald Group Publishing, vol. 34(2), pages 103-119, May.
  • Handle: RePEc:eme:jespps:v:34:y:2007:i:2:p:103-119
    as

    Download full text from publisher

    File URL: http://www.emeraldinsight.com/10.1108/01443580710745362?utm_campaign=RePEc&WT.mc_id=RePEc
    Download Restriction: Access to full text is restricted to subscribers

    As the access to this document is restricted, you may want to search for a different version of it.

    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:eme:jespps:v:34:y:2007:i:2:p:103-119. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Virginia Chapman). General contact details of provider: http://www.emeraldinsight.com .

    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 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.