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dc.contributor.authorOktay, Ertan
dc.contributor.authorGözgör, Giray
dc.identifier.citationOktay, E., & Gözgör, G. (2013). Estimation of disaggregated import demand functions for Turkey. Economics Bulletin, 33(1), 575-585.en_US
dc.descriptionOktay, Ertan (Dogus Author) -- Gözgör, Giray (Dogus Author)en_US
dc.description.abstractThis study attempts to estimate disaggregated import demand functions for Turkey, for the period from 1989 to 2012 in quarterly data set. In this context, we examine short-run and long-run disaggregated import demand functions for capital goods, intermediate inputs and consumption goods by using Autoregressive Distributed Lag model and Dynamic Ordinary Least Squares. Besides gross domestic product (GDP) and real effective exchange rates: the impacts of seasonality, time trend, the periods of floating exchange regime, and the great global recession are also taken into account in the estimations. The empirical findings indicate that possible deprecation of the Turkish Lira has limited effects on all disaggregated import goods. GDP. as the main determinant of disaggregated import demand, has the biggest impact on capital goods in the short-run and on consumption goods in the long-run. We also check the robustness of our findings by using some proxy variables, such as gross fixed capital formation, exports and domestic credits, and find more or less similar results.en_US
dc.subjectDisaggregated Import Demand Functionsen_US
dc.subjectAutoregressive Distributed Lagen_US
dc.subjectDynamic Ordinary Least Squaresen_US
dc.titleEstimation of disaggregated import demand functions for Turkeyen_US
dc.relation.journalEconomics Bulletinen_US
dc.departmentDoğuş Üniversitesi, İktisadi ve İdari Bilimler Fakültesi, Uluslararası Ticaret ve İşletmecilik Bölümüen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.institutionauthorOktay, Ertan
dc.institutionauthorGözgör, Giray

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