Download full text
(761.4Kb)
Citation Suggestion
Please use the following Persistent Identifier (PID) to cite this document:
https://nbn-resolving.org/urn:nbn:de:0168-ssoar-241113
Exports for your reference manager
The J-Curve Dynamics of Turkey: An Application of ARDL Model
[journal article]
Abstract This article seeks an empirical evidence for the existence of the J-curve phenomenon both in the short-run and long-run for Turkey over the period 1980-2005. The bounds testing cointegration approach is employed to estimate the trade balance model. An augmented form of Granger causality analysis is ... view more
This article seeks an empirical evidence for the existence of the J-curve phenomenon both in the short-run and long-run for Turkey over the period 1980-2005. The bounds testing cointegration approach is employed to estimate the trade balance model. An augmented form of Granger causality analysis is implemented between trade balance, real effective exchange rates, foreign income and domestic income. The stability of the short-run as well as long-run coefficients in the trade balance model is tested too. The empirical results suggest that the J-curve phenomenon is supported only in the short-run. Whilst causality tests reveal mix results, the parameter stability tests seem to be inconclusive.... view less
Document language
English
Publication Year
2008
Page/Pages
p. 2423-2429
Journal
Applied Economics, 40 (2008) 18
DOI
https://doi.org/10.1080/00036840600949496
Status
Postprint; peer reviewed
Licence
PEER Licence Agreement (applicable only to documents from PEER project)