Testing for structural change in the bilateral trade elasticities of Turkey

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2010-4

Author

Uz, İdil

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This paper estimates the bilateral trade equations of Turkey and its major trading countries by using the Gregory and Hansen procedure. We allowed for a structural break at an unknown date within the Gregory and Hansen (GH) framework and obtained a cointegrating relationship especially between variables in the export and import demand equations at the bilateral level. The empirical analysis of the exchange rate and income elasticity of trade demand, over the period 1982-2007, is presented and discussed.

Subject Keywords

Structural change, Income elasticities, Exchange rate elasticities, Cointegration

URI

http://www2.feas.metu.edu.tr/metusd/ojs/index.php/metusd/article/view/239
https://hdl.handle.net/11511/58440

Journal

ODTÜ Gelişme Dergisi

Collections

Department of Economics, Article

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Citation Formats

İ. Uz, “Testing for structural change in the bilateral trade elasticities of Turkey,” ODTÜ Gelişme Dergisi, vol. 37, no. 1, pp. 53–72, 2010, Accessed: 00, 2020. [Online]. Available: http://www2.feas.metu.edu.tr/metusd/ojs/index.php/metusd/article/view/239.