Welcome to the InfoSci Platform
Financial Marketing-Based Role of Exchange Rate to Increase Foreign Trade in Turkey

Financial Marketing-Based Role of Exchange Rate to Increase Foreign Trade in Turkey

Özgür Kiyak, Bilge Afşar
Copyright: © 2020 |Pages: 26
ISBN13: 9781799825593|ISBN10: 1799825590|EISBN13: 9781799825609
DOI: 10.4018/978-1-7998-2559-3.ch002
Cite Chapter Cite Chapter

MLA

Kiyak, Özgür, and Bilge Afşar. "Financial Marketing-Based Role of Exchange Rate to Increase Foreign Trade in Turkey." Handbook of Research on Decision-Making Techniques in Financial Marketing, edited by Hasan Dinçer and Serhat Yüksel, IGI Global, 2020, pp. 21-46. https://doi.org/10.4018/978-1-7998-2559-3.ch002

APA

Kiyak, Ö. & Afşar, B. (2020). Financial Marketing-Based Role of Exchange Rate to Increase Foreign Trade in Turkey. In H. Dinçer & S. Yüksel (Eds.), Handbook of Research on Decision-Making Techniques in Financial Marketing (pp. 21-46). IGI Global. https://doi.org/10.4018/978-1-7998-2559-3.ch002

Chicago

Kiyak, Özgür, and Bilge Afşar. "Financial Marketing-Based Role of Exchange Rate to Increase Foreign Trade in Turkey." In Handbook of Research on Decision-Making Techniques in Financial Marketing, edited by Hasan Dinçer and Serhat Yüksel, 21-46. Hershey, PA: IGI Global, 2020. https://doi.org/10.4018/978-1-7998-2559-3.ch002

Export Reference

Mendeley
Favorite

Abstract

This chapter tries to determine whether there is a causal relationship between exchange rate and foreign trade. The study includes monthly data between February 2003 and December 2018 including dollar foreign exchange selling rate and inflation related real exchange rate for exchange rate, and export amount, import amount, export increase/decrease rate, and import increase. Increase/decrease rate is used for foreign trade among other variables, for a total of 6 variables. According to the obtained results of Engle-Granger cointegration analysis, there is a cointegration between variables in the long run. However, according to the results of the Toda-Yamamoto causality analysis, it was understood that there is no causality relationship between exchange rate and foreign trade.

Request Access

You do not own this content. Please login to recommend this title to your institution's librarian or purchase it from the IGI Global bookstore.