BILATERAL J-CURVE BETWEEN TURKEY AND THE EUROZONE
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Tarih
2022
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Erişim Hakkı
info:eu-repo/semantics/openAccess
Özet
A large body of the literature use aggregate data to investigate the validity of the J-curve hypothesis. Recent studies, however, address to the importance of disaggregated data in order to prevent from aggregation bias. In the case of Turkey where foreign trade volume is largely dominated by the Eurozone countries, one set of studies examines the J-curve phenomenon using total trade data while a second set of studies investigates the validity of the bilateral J-curve within a time-series framework. This study intends to investigate the validity of the bilateral J-curve between Turkey and the Eurozone over the period 2002:Q1-2019:Q4 within a dynamic panel data framework robust to heterogeneity and cross-section dependence. Results obtained from the Dynamic Common Correlated Effects estimator reveal that the J-Curve hypothesis does not hold given the short-run results.
Açıklama
Anahtar Kelimeler
Panel Data, Bilateral Trade, J-Curve, Eurozone
Kaynak
Mehmet Akif Ersoy Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi
WoS Q Değeri
Scopus Q Değeri
Cilt
9
Sayı
2
