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An aggregate import demand function for Turkey: a cointegration analysis

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  • Kalyoncu, Huseyin

Abstract

This paper estimates an aggregate import demand function for Turkey during the period 1994:1-2003:12. In our empirical analysis of the aggregate import demand function for Turkey, cointegration and error correction modeling approaches have been used. Empirical results suggest that there exists a unique long run or equilibrium relationship among real quantities of imports, relative import price and real GNP.

Suggested Citation

  • Kalyoncu, Huseyin, 2006. "An aggregate import demand function for Turkey: a cointegration analysis," MPRA Paper 4260, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:4260
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    File URL: https://mpra.ub.uni-muenchen.de/4260/1/MPRA_paper_4260.pdf
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    References listed on IDEAS

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    5. Johansen, Soren & Juselius, Katarina, 1994. "Identification of the long-run and the short-run structure an application to the ISLM model," Journal of Econometrics, Elsevier, vol. 63(1), pages 7-36, July.
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    8. Houthakker, Hendrik S & Magee, Stephen P, 1969. "Income and Price Elasticities in World Trade," The Review of Economics and Statistics, MIT Press, vol. 51(2), pages 111-125, May.
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    Cited by:

    1. Arzu Tay Bayramoglu & Deniz Sukruoglu, 2016. "Non-Energy Import Demand Function in Turkey: New Evidence," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 6(12), pages 750-761, December.
    2. Giuliodori, David & Rodriguez, Alejandro, 2015. "Analysis of the stainless steel market in the EU, China and US using co-integration and VECM," Resources Policy, Elsevier, vol. 44(C), pages 12-24.

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