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Explaining and Testing Structural Break of Relative Trade of Turkey with European Union Countries

Mustafa Akal ; Sakarya University, Faculty of Economic and Administrative Sciences, Economics Department, Esentepe Kampusu, Adapazari, Turkey

Puni tekst: engleski, pdf (480 KB) str. 29-40 preuzimanja: 249* citiraj
APA 6th Edition
Akal, M. (2010). Explaining and Testing Structural Break of Relative Trade of Turkey with European Union Countries. Zagreb International Review of Economics & Business, 13 (1), 29-40. Preuzeto s https://hrcak.srce.hr/78709
MLA 8th Edition
Akal, Mustafa. "Explaining and Testing Structural Break of Relative Trade of Turkey with European Union Countries." Zagreb International Review of Economics & Business, vol. 13, br. 1, 2010, str. 29-40. https://hrcak.srce.hr/78709. Citirano 05.06.2020.
Chicago 17th Edition
Akal, Mustafa. "Explaining and Testing Structural Break of Relative Trade of Turkey with European Union Countries." Zagreb International Review of Economics & Business 13, br. 1 (2010): 29-40. https://hrcak.srce.hr/78709
Harvard
Akal, M. (2010). 'Explaining and Testing Structural Break of Relative Trade of Turkey with European Union Countries', Zagreb International Review of Economics & Business, 13(1), str. 29-40. Preuzeto s: https://hrcak.srce.hr/78709 (Datum pristupa: 05.06.2020.)
Vancouver
Akal M. Explaining and Testing Structural Break of Relative Trade of Turkey with European Union Countries. Zagreb International Review of Economics & Business [Internet]. 2010 [pristupljeno 05.06.2020.];13(1):29-40. Dostupno na: https://hrcak.srce.hr/78709
IEEE
M. Akal, "Explaining and Testing Structural Break of Relative Trade of Turkey with European Union Countries", Zagreb International Review of Economics & Business, vol.13, br. 1, str. 29-40, 2010. [Online]. Dostupno na: https://hrcak.srce.hr/78709. [Citirano: 05.06.2020.]

Sažetak
This study explains and tests structural break of Turkey’s relative trade with the European Union countries for the period of 1982-2007. As a result, the data indicated the evidence of structural break and alternating elasticities’ signs in estimations based upon error component model. After (Before) Turkey being the member of the ECU a percentage increase in all the relative foreign income, Turkish TOT, real exchange simultaneously and a unit increase in trend is found improving (decreasing) the relative trade about 0.135 (0.78) percentage in total. However, the dynamic fixed effect model did not validate the evidence of structural break. This implies individual differences matter in relative trade not to face structural break.

Ključne riječi
relative trade; elasticity; Turkey and EU; panel data; testing structural break

Hrčak ID: 78709

URI
https://hrcak.srce.hr/78709

Posjeta: 382 *