An Investigation of the Causality Relationship Between Domestic and Foreign Sales Revenues and Advertising and Promotional Expenses: Toda Yamamoto Causality Analysis

This study tries to determinethe relationship between domestic and foreign sales andadvertising and promotion expenses in terms of causality. In this direction, the research is carried out for one of the leading brands of the white goods sector, which continues its sales activities in the country an...

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Main Author: Zuhal Akgün
Format: Article
Language:English
Published: Hitit University 2021-06-01
Series:Hitit Ekonomi ve Politika Dergisi
Subjects:
Online Access:https://dergipark.org.tr/tr/download/article-file/2329434
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author Zuhal Akgün
author_facet Zuhal Akgün
author_sort Zuhal Akgün
collection DOAJ
description This study tries to determinethe relationship between domestic and foreign sales andadvertising and promotion expenses in terms of causality. In this direction, the research is carried out for one of the leading brands of the white goods sector, which continues its sales activities in the country and abroad. Within the framework of panel data analysis, data on the advertising and promotion expenses and sales of the brand between 2007 and 2020 were used. To the panel analysis result, it was determined that the series were cointegrated. According to the results of the analysis performed by the Toda-Yamamato causality test, it was found that there was a two-way causality between advertising and promotion expenditures and foreign sales, and a one-way causality relationship between domestic sales andadvertising and promotion expenditures.
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spelling doaj.art-c915faa72389408c92e4ff89522936e02024-02-13T12:07:48ZengHitit UniversityHitit Ekonomi ve Politika Dergisi2791-71422021-06-0111917150An Investigation of the Causality Relationship Between Domestic and Foreign Sales Revenues and Advertising and Promotional Expenses: Toda Yamamoto Causality AnalysisZuhal Akgün0BOZOK ÜNİVERSİTESİThis study tries to determinethe relationship between domestic and foreign sales andadvertising and promotion expenses in terms of causality. In this direction, the research is carried out for one of the leading brands of the white goods sector, which continues its sales activities in the country and abroad. Within the framework of panel data analysis, data on the advertising and promotion expenses and sales of the brand between 2007 and 2020 were used. To the panel analysis result, it was determined that the series were cointegrated. According to the results of the analysis performed by the Toda-Yamamato causality test, it was found that there was a two-way causality between advertising and promotion expenditures and foreign sales, and a one-way causality relationship between domestic sales andadvertising and promotion expenditures.https://dergipark.org.tr/tr/download/article-file/2329434panel datacausality analysistoda yamamotoadvertising promotion expensesdomestic and foreing sales revenuepanel verilerinedensellik analizitoda yamamotoreklam promosyon giderleriyurtiçi ve yurtdışı satış gelirleri
spellingShingle Zuhal Akgün
An Investigation of the Causality Relationship Between Domestic and Foreign Sales Revenues and Advertising and Promotional Expenses: Toda Yamamoto Causality Analysis
Hitit Ekonomi ve Politika Dergisi
panel data
causality analysis
toda yamamoto
advertising promotion expenses
domestic and foreing sales revenue
panel verileri
nedensellik analizi
toda yamamoto
reklam promosyon giderleri
yurtiçi ve yurtdışı satış gelirleri
title An Investigation of the Causality Relationship Between Domestic and Foreign Sales Revenues and Advertising and Promotional Expenses: Toda Yamamoto Causality Analysis
title_full An Investigation of the Causality Relationship Between Domestic and Foreign Sales Revenues and Advertising and Promotional Expenses: Toda Yamamoto Causality Analysis
title_fullStr An Investigation of the Causality Relationship Between Domestic and Foreign Sales Revenues and Advertising and Promotional Expenses: Toda Yamamoto Causality Analysis
title_full_unstemmed An Investigation of the Causality Relationship Between Domestic and Foreign Sales Revenues and Advertising and Promotional Expenses: Toda Yamamoto Causality Analysis
title_short An Investigation of the Causality Relationship Between Domestic and Foreign Sales Revenues and Advertising and Promotional Expenses: Toda Yamamoto Causality Analysis
title_sort investigation of the causality relationship between domestic and foreign sales revenues and advertising and promotional expenses toda yamamoto causality analysis
topic panel data
causality analysis
toda yamamoto
advertising promotion expenses
domestic and foreing sales revenue
panel verileri
nedensellik analizi
toda yamamoto
reklam promosyon giderleri
yurtiçi ve yurtdışı satış gelirleri
url https://dergipark.org.tr/tr/download/article-file/2329434
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AT zuhalakgun investigationofthecausalityrelationshipbetweendomesticandforeignsalesrevenuesandadvertisingandpromotionalexpensestodayamamotocausalityanalysis