The causality relationship among hazelnut prices of Turkey and Europe and exchange rate.
Yazarlar (2)
Prof. Dr. Gülistan ERDAL Türkiye
M Uzunöz
Tokat Gaziosmanpaşa Üniversitesi
Tokat Gaziosmanpaşa Üniversitesi
| Makale Türü | Özgün Makale (Uluslararası alan indekslerindeki dergilerde yayınlanan tam makale) | ||
| Dergi Adı | |||
| Makale Dili | – | Basım Tarihi | 01-2008 |
| Cilt / Sayı / Sayfa | 22 / 2 / 47–56 | DOI | 10.5555/20093215223 |
| Makale Linki | https://www.cabidigitallibrary.org/doi/full/10.5555/20093215223 | ||
| UAK Araştırma Alanları |
Tarım Politikası
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| Özet |
| This study examines the relationship among hazelnut export prices in Turkey, the exchange rate, and hazelnut prices in the European commodity exchange, using monthly time series data for the period 1995-2007. In order to examine the causality among variables, ADF unit root test, Johansen cointegration test, and Granger causality test were used. The ADF test shows that each of the three series is nonstationary, but first differences lead to stationarity. According to the cointegration test, there is a long-term relationship among the series. Granger causality test shows that there is a unidirectional relationship from exchange rate to hazelnut prices in both Turkey and Europe. Besides, there is bidirectional relationship between export prices in Turkey and hazelnut prices in the European commodity exchange. It can be said that volatility in the exchange rate leads to fluctuations in hazelnut prices in Turkey and … |
| Anahtar Kelimeler |
BM Sürdürülebilir Kalkınma Amaçları
| Atıf Sayıları | |
| Google Scholar | 4 |