The Effect of Terms of Trade on Balance of Trade: Applicatıon of Harberger- Laursen-Metzler Hypothesis for Turkey

The Effect of Terms of Trade on Balance of Trade: Applicatıon of Harberger- Laursen-Metzler Hypothesis for Turkey

Harberger-Laursen-Metzler Hypothesis is known as in terms of trade shocks affect the balance of trade in the same direction. This paper aims to investigate validity of Harberger-Laursen-Metzler (HLM) Hypothesis for Turkey using monthly data in period from 2003:01 to 2014:04. Also a similar effect to...

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Bibliographic Details
Main Authors: İsmail Küçükaksoy, İsmail Çiftçi
Format: Article
Language:Turkish
Published: Usak University 2014-07-01
Series:Optimum Ekonomi ve Yönetim Bilimleri Dergisi
Subjects:
Terms of trade
Harberger-Laursen-Metzler Hypothesis
S-Curve
Zivot-Andrews approach
VAR (Vector Autoregressive) model
Online Access:http://dergipark.gov.tr/download/article-file/202164

Internet

http://dergipark.gov.tr/download/article-file/202164

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