The effects of the exchange rate changes on the current account balance in the Turkish economy

dc.contributor.authorOkay, Esin
dc.contributor.authorAtabay, Rana
dc.contributor.authorSarıdoğan, Ercan
dc.date.accessioned2019-03-29T07:39:51Z
dc.date.available2019-03-29T07:39:51Z
dc.date.issued2012en_US
dc.departmentFakülteler, İşletme Fakültesi, Bankacılık ve Finans Bölümüen_US
dc.description.abstractThe ongoing floating exchange rate regime in Turkey since 2001 brings about both positive and negative impacts on the economy. Although, foreign exchange market relatively happens to retrieve stability, TL strengthening has detrimental side effects on the current account balance in the Turkish Economy. The purpose of this study is to investigate the effects of the real effective exchange rate on the current account balance in the Turkish Economy for the period 2003:01-2010:12 by applying time series econometric analysis. In the study, it is found that the real effective exchange rate inversely affects the current account balance in the long run, indicating Marshall- Lerner condition holds in the Turkish Economy in the long run. According to the impulse response results, the J-Curve effect exists in the Turkish Economy. Thus, competitiveness oriented currency, monetary and fiscal policies must be efficiently designed and applied in the Turkish Economy to achieve sustainable current account balance path.en_US
dc.identifier.citationOkay, E., Atabay, R., Sarıdoğan, E., (2012), The effects of the exchange rate changes on the current account balance in the Turkish economy , İktisat İşletme ve Finans, 27(310), 79-101.en_US
dc.identifier.endpage101en_US
dc.identifier.issue310en_US
dc.identifier.startpage79en_US
dc.identifier.urihttps://hdl.handle.net/11467/2562
dc.identifier.volume27en_US
dc.identifier.wosWOS:000302968600004en_US
dc.identifier.wosqualityQ4en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.language.isoenen_US
dc.publisherBilgesel Yayıncılıken_US
dc.relation.ispartofİktisat İşletme ve Finansen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.titleThe effects of the exchange rate changes on the current account balance in the Turkish economyen_US
dc.typeArticleen_US

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