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Testing for structural change in the bilateral trade elasticities of Turkey

Uz, I; (2010) Testing for structural change in the bilateral trade elasticities of Turkey. METU Studies in Development , 37 (1) pp. 53-72. Green open access

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Abstract

This paper estimates the bilateral trade equations of Turkey and its major trading countries by using the Gregory and Hansen procedure. We allowed for a structural break at an unknown date within the Gregory and Hansen (GH) framework and obtained a cointegrating relationship especially between variables in the export and import demand equations at the bilateral level. The empirical analysis of the exchange rate and income elasticity of trade demand, over the period 1982-2007, is presented and discussed.

Type: Article
Title: Testing for structural change in the bilateral trade elasticities of Turkey
Open access status: An open access version is available from UCL Discovery
Publisher version: http://www2.feas.metu.edu.tr/metusd/ojs/index.php/...
Language: English
Additional information: This version is the version of record. For information on re-use, please refer to the publisher’s terms and conditions.
Keywords: Structural change, income elasticities, exchange rate elasticities, cointegration.
UCL classification: UCL
UCL > Provost and Vice Provost Offices
UCL > Provost and Vice Provost Offices > UCL SLASH
UCL > Provost and Vice Provost Offices > UCL SLASH > SSEES
URI: https://discovery.ucl.ac.uk/id/eprint/10083593
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