Exchange rate pass-through in Turkish export and import prices

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dc.authorwosidTekin, Rifat Baris/AAE-5177-2020
dc.authorwosidYazgan, Ege/GPG-1135-2022
dc.contributor.authorTekin, R. Baris
dc.contributor.authorYazgan, M. Ege
dc.date.accessioned2024-07-18T20:55:08Z
dc.date.available2024-07-18T20:55:08Z
dc.date.issued2009
dc.departmentİstanbul Bilgi Üniversitesien_US
dc.description.abstractThis article examines exchange rate pass-through into prices of internationally traded goods in the case of a small emerging open market economy such as Turkey. In this study, we provide empirical evidence on complete pass-through in export prices in Turkey using aggregate data on the manufacturing sector. Our data do not however support complete pass-through in import prices in Turkey. This contradicts with the findings of the existent literature, which typically concludes that the degree of pass-through in import prices is higher than the one of export prices. This can be interpreted as a result of competition between import and import substituting industries where importers fall short of competing successfully with import substituting sectors. Although Turkish importers can be responsive to exchange rate changes to a certain degree in the short-run, in the long-run, they seem to lose their market power perhaps as a result of swift competition. A complete exchange rate pass-through to export prices in Turkey implies that the Turkish manufacturing export sector has the competitive strength to transmit exchange rate movements into their prices.en_US
dc.identifier.doi10.1080/00036840701222454
dc.identifier.endpage2228en_US
dc.identifier.issn0003-6846
dc.identifier.issn1466-4283
dc.identifier.issue17en_US
dc.identifier.scopus2-s2.0-78649712442en_US
dc.identifier.scopusqualityQ2en_US
dc.identifier.startpage2221en_US
dc.identifier.urihttps://doi.org/10.1080/00036840701222454
dc.identifier.urihttps://hdl.handle.net/11411/8724
dc.identifier.volume41en_US
dc.identifier.wosWOS:000267973200010en_US
dc.identifier.wosqualityQ4en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.publisherRoutledge Journals, Taylor & Francis Ltden_US
dc.relation.ispartofApplied Economicsen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectUnit-Rooten_US
dc.subjectCointegrationen_US
dc.subjectTestsen_US
dc.subjectEconomyen_US
dc.titleExchange rate pass-through in Turkish export and import prices
dc.typeArticle

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