IDEAS home Printed from https://ideas.repec.org/a/ris/buecrj/0580.html
   My bibliography  Save this article

The Effect of Exchange Rate Volatility on Export: An Econometric Analysis for the Turkish Economy (Döviz Kuru Oynaklığının İhracata Etkisi: Türkiye Ekonomisi İçin Ekonometrik Bir Analiz)

Author

Listed:
  • Dumrul, Cuneyt

    (Erciyes University)

  • Gokalp, Kerem Hulusi

    (TURKSTAT)

Abstract

Foreign trade and its determinants have become important because of the increasing financialization and globalization of the world economy. The importance of competitiveness in exports has led to the importance of exchange rate policies and the volatility of the exchange rate. Although there are many factors affecting exports, the main factor on which exporters are based is exchange rate and exchange rate volatility. The main objective of this study is to determine the direction and size of the effect of the exchange rate volatility on exports in the Turkish economy. In the econometric analysis of the study, data for the period 1998:01-2020:01 are used. In the empirical part of this study, the effect of exchange rate volatility estimated by ARCH/GARCH model on the exports of the Turkish economy is analyzed by ARDL methodology. As a result of the econometric analysis, it was found that exchange rate volatility positively affected exports, and the elasticity relationship between these two variables was low (0.05).

Suggested Citation

  • Dumrul, Cuneyt & Gokalp, Kerem Hulusi, 2022. "The Effect of Exchange Rate Volatility on Export: An Econometric Analysis for the Turkish Economy (Döviz Kuru Oynaklığının İhracata Etkisi: Türkiye Ekonomisi İçin Ekonometrik Bir Analiz)," Business and Economics Research Journal, Uludag University, Faculty of Economics and Administrative Sciences, vol. 13(1), pages 11-30, January.
    • Handle: RePEc:ris:buecrj:0580
    as

    Download full text from publisher

    File URL: https://www.berjournal.com/tr/the-effect-of-exchange-rate-volatility-on-export-an-econometric-analysis-for-the-turkish-economy
    File Function: Full text
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Turkish Economy; Export; Exchange Rate Volatility; ARCH/GARCH Model; ARDL Test;
    All these keywords.

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • F31 - International Economics - - International Finance - - - Foreign Exchange

    Statistics

    Access and download statistics

    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:ris:buecrj:0580. 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: Adem Anbar (email available below). General contact details of provider: https://edirc.repec.org/data/iiulutr.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.