Yıl: 2020 Cilt: 11 Sayı: 3 Sayfa Aralığı: 609 - 620 Metin Dili: İngilizce DOI: 10.20409/berj.2020.272 İndeks Tarihi: 10-05-2021

Exchange Rate and Import Price Pass-Through in Turkey

Öz:
This study researches the effect of exchange rate movements on Turkey’s domestic prices from 2003 through 2019. For the Turkish economy, the structural problemsbehindtheinflationphenomenonarethedependencyonimported intermediate goods for production andinflation expectations. Therefore, changes in exchange rates have a significant impact on domestic inflation. To analyze this process, the consumer price index (CPI), producer price index (PPI) and import price index (IPI) are examined by using VAR analysis. Estimations for two distinct periods-stable and upward courses in the exchange rate movement-yield different results. For the first stable period, import price and producer price shocks were more reflective than exchange rate shocks. Exchange rate shocks are found to be stronger than the import price shocks in the second period. The results show that structural problems of the Turkish economy related to production based on the import of intermediate goods, dollarization, and pricing behavior support exchange rate and imported price pass-through to consumer prices.
Anahtar Kelime:

Belge Türü: Makale Makale Türü: Araştırma Makalesi Erişim Türü: Erişime Açık
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APA Bari B (2020). Exchange Rate and Import Price Pass-Through in Turkey. , 609 - 620. 10.20409/berj.2020.272
Chicago Bari Bilgin Exchange Rate and Import Price Pass-Through in Turkey. (2020): 609 - 620. 10.20409/berj.2020.272
MLA Bari Bilgin Exchange Rate and Import Price Pass-Through in Turkey. , 2020, ss.609 - 620. 10.20409/berj.2020.272
AMA Bari B Exchange Rate and Import Price Pass-Through in Turkey. . 2020; 609 - 620. 10.20409/berj.2020.272
Vancouver Bari B Exchange Rate and Import Price Pass-Through in Turkey. . 2020; 609 - 620. 10.20409/berj.2020.272
IEEE Bari B "Exchange Rate and Import Price Pass-Through in Turkey." , ss.609 - 620, 2020. 10.20409/berj.2020.272
ISNAD Bari, Bilgin. "Exchange Rate and Import Price Pass-Through in Turkey". (2020), 609-620. https://doi.org/10.20409/berj.2020.272
APA Bari B (2020). Exchange Rate and Import Price Pass-Through in Turkey. Business and Economics Research Journal, 11(3), 609 - 620. 10.20409/berj.2020.272
Chicago Bari Bilgin Exchange Rate and Import Price Pass-Through in Turkey. Business and Economics Research Journal 11, no.3 (2020): 609 - 620. 10.20409/berj.2020.272
MLA Bari Bilgin Exchange Rate and Import Price Pass-Through in Turkey. Business and Economics Research Journal, vol.11, no.3, 2020, ss.609 - 620. 10.20409/berj.2020.272
AMA Bari B Exchange Rate and Import Price Pass-Through in Turkey. Business and Economics Research Journal. 2020; 11(3): 609 - 620. 10.20409/berj.2020.272
Vancouver Bari B Exchange Rate and Import Price Pass-Through in Turkey. Business and Economics Research Journal. 2020; 11(3): 609 - 620. 10.20409/berj.2020.272
IEEE Bari B "Exchange Rate and Import Price Pass-Through in Turkey." Business and Economics Research Journal, 11, ss.609 - 620, 2020. 10.20409/berj.2020.272
ISNAD Bari, Bilgin. "Exchange Rate and Import Price Pass-Through in Turkey". Business and Economics Research Journal 11/3 (2020), 609-620. https://doi.org/10.20409/berj.2020.272