The Relationship among Gross Barter Terms of Trade, Exchange Rates, and Economic Growth: A Case in Turkey

The terms of trade are related to the measurement of foreign trade performance in open economies and are based on the comparison of export and import price ratios of a country. Since the definition of terms of trade lacks an interpretation regarding export and import volumes, calculation of gross ba...

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Main Authors: Ayşe Ergin, Filiz Yetiz
Format: Article
Language:English
Published: EconJournals 2017-09-01
Series:International Journal of Economics and Financial Issues
Subjects:
Online Access:https://dergipark.org.tr/tr/pub/ijefi/issue/32021/354322?publisher=http-www-cag-edu-tr-ilhan-ozturk
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author Ayşe Ergin
Filiz Yetiz
author_facet Ayşe Ergin
Filiz Yetiz
author_sort Ayşe Ergin
collection DOAJ
description The terms of trade are related to the measurement of foreign trade performance in open economies and are based on the comparison of export and import price ratios of a country. Since the definition of terms of trade lacks an interpretation regarding export and import volumes, calculation of gross barter terms of trade which takes the amounts into account is brought out. In this study, the relationship of gross barter terms of trade with foreign exchange rates and Industrial Production Index representing economic growth is analyzed in Turkey between 2005: 01 - 2015: 06 by using the ARDL Boundary Test approach.
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spelling doaj.art-6e67ced813f04d019a9ed1d2d726e4d22023-02-15T16:20:29ZengEconJournalsInternational Journal of Economics and Financial Issues2146-41382017-09-01737387451032The Relationship among Gross Barter Terms of Trade, Exchange Rates, and Economic Growth: A Case in TurkeyAyşe ErginFiliz YetizThe terms of trade are related to the measurement of foreign trade performance in open economies and are based on the comparison of export and import price ratios of a country. Since the definition of terms of trade lacks an interpretation regarding export and import volumes, calculation of gross barter terms of trade which takes the amounts into account is brought out. In this study, the relationship of gross barter terms of trade with foreign exchange rates and Industrial Production Index representing economic growth is analyzed in Turkey between 2005: 01 - 2015: 06 by using the ARDL Boundary Test approach.https://dergipark.org.tr/tr/pub/ijefi/issue/32021/354322?publisher=http-www-cag-edu-tr-ilhan-ozturkterms of trade gross barter terms of trade ardl boundary test approach
spellingShingle Ayşe Ergin
Filiz Yetiz
The Relationship among Gross Barter Terms of Trade, Exchange Rates, and Economic Growth: A Case in Turkey
International Journal of Economics and Financial Issues
terms of trade
gross barter terms of trade
ardl boundary test approach
title The Relationship among Gross Barter Terms of Trade, Exchange Rates, and Economic Growth: A Case in Turkey
title_full The Relationship among Gross Barter Terms of Trade, Exchange Rates, and Economic Growth: A Case in Turkey
title_fullStr The Relationship among Gross Barter Terms of Trade, Exchange Rates, and Economic Growth: A Case in Turkey
title_full_unstemmed The Relationship among Gross Barter Terms of Trade, Exchange Rates, and Economic Growth: A Case in Turkey
title_short The Relationship among Gross Barter Terms of Trade, Exchange Rates, and Economic Growth: A Case in Turkey
title_sort relationship among gross barter terms of trade exchange rates and economic growth a case in turkey
topic terms of trade
gross barter terms of trade
ardl boundary test approach
url https://dergipark.org.tr/tr/pub/ijefi/issue/32021/354322?publisher=http-www-cag-edu-tr-ilhan-ozturk
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