TY  - JOUR
TI  - RELATIONSHIP BETWEEN INFLATION AND FOREIGN TRADE: AN ECONOMETRIC ANALYSIS WITH STRUCTURAL BREAK BETWEEN THE EU-28 COUNTRIES AND TURKEY
AB  - Inflation, which indicates the continuous increase in the general level of prices, affects many macroeconomicindicators, especially foreign trade. Inflation is an important variable that affects production costs. Therefore, theaim of the study is to reveal the relationship between inflation and foreign trade. In the study, the relationshipbetween foreign trade and inflation was analyzed using structural break time series method based on the monthlydata obtained from models covering the period 2005: 01 to 2017:12 between Turkey and the EU 28. In theanalyzes, the cointegration relationship with structural breaks is found between exports and inflation. However,there isn’t any cointegration relationship between imports and inflation. Moreover, there is a two-way causalityrelationship between exports and inflation. On the other hand, there is a one-way causality relationship fromimports to inflation. There is no causality relationship from inflation to imports. Based on the findings of the studypolicy proposals were made related to the process of the EU full membership of Turkey.
AU  - Çütcü, İbrahim
PY  - 2020
JO  - Akademik Araştırmalar ve Çalışmalar Dergisi
VL  - 12
IS  - 22
SN  - 1309-3762
SP  - 260
EP  - 275
DB  - TRDizin
UR  - http://search/yayin/detay/384999
ER  -