期刊名称:Dokuz Eylül Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi
印刷版ISSN:1302-504X
电子版ISSN:2147-7973
出版年度:2019
卷号:34
期号:4
DOI:10.24988/ije.2019344867
语种:English
出版社:Dokuz Eylül University
摘要:Estimating the income and price elasticities of foreign trade, especially in emerging economies, has become more of an issue in order for developing appropriate trade policy and improving the balance of payment. From this point of view, the goal of this study is to investigate the validity of the Marshall-Lerner condition given the bilateral trade between Turkey and the Eurozone, which consists of major trading partners of Turkey. To this end, foreign trade functions subject to our trade with the Eurozone countries are analyzed using Augmented Mean Group (AMG) estimator, developed to estimate heterogeneous slope coefficients in panel time series over the period 2004-2017. Findings show that price elasticity of export demand is positive whereas price elasticity of import demand is negative. In addition, findings also indicate that the Marshall-Lerner condition holds given the bilateral trade between Turkey and Eurozone.
其他摘要:Dış ticaretin gelir ve fiyat esnekliklerinin ölçülmesi, özellikle gelişmekte olan ülkelerde ticaret politikasının şekillendirilmesi ve ödemeler dengesinin iyileştirilmesi açısından oldukça önemlidir. Bu noktadan hareketle çalışmanın amacı, önemli ticaret
关键词:Marshall-Lerner condition;Bilateral trade;Turkey;Euro zone
其他关键词:Marshall-Lerner koşulu;İkili ticaret;Türkiye;Avro Bölgesi