Is the J-curve Effect Observable in Turkish Agricultural Sector?
نویسنده
چکیده
This paper investigates whether or not the J-curve hypothesis holds in Turkish agricultural sector. The analysis is conducted using the model the most commonly employed in j-curve literature. Based on the data covering the period from 1986: I to 1998: III, our results indicate that, following devaluation, agricultural trade balance initially improves, then worsens, and then improves again. This pattern shows that J-curve effect does not exist in Turkish agricultural sector. Another important fi nding is that devaluation worsens the trade balance of the sector in the long run, a result contradicting with the earlier fi ndings for the Turkish economy as a whole.
منابع مشابه
The Effect of Agricultural Production Subsidies Reduction in the Economic Variables of Agricultural Sector of Iran: Multifunctional Assessment in CGE Model
The production of public goods like amenity value of the landscape, food security, preservation of rural communities and rural lifestyle, by agricultural sector is a subject that has been widely accepted by experts. However, in many policies and political analyses carried out, solely the production of private goods by the agricultural sector is paid attention and the important function of publi...
متن کاملOrganizational Silence and Organizational Commitment: A Study of Turkish Sport Managers
Background. There is a limited number of studies investigating the relationship between organizational commitment and organizational silence, especially in the sports sector. Objectives. This study aims to examine the effects of organizational silence perception on organizational commitment behaviors of employees in the sports sector in Istanbul. Methods. The participants of this study were 2...
متن کاملInvestigating Effect of Development of Agricutural,Industrial, Service and Oil Revenue to ICOR of Agricultural Sector
In this study, considering the importance of incremental capital output ratio (ICOR) in agriculture Investment capital and self-sufficiency in this sector in order to grow and being influenced by the past and previous relationships strong agricultural sector productivity growth in other sectors of the economy, especially the effect of oil revenues, was trying to, long-term relationships as well...
متن کاملFactors Affecting Energy Consumption in the Agricultural Sector of Iran: The Application of ARDL-FUZZY
Given the unlimited needs of mankind and the limited resources available, human beings have always been thinking about how to use the available resources and facilities optimally. Energy plays an important role in economic activities and it is of great importance in agriculture. Over the past four decades, energy consumption in the agricultural sector has increased tremendously. In Iran, energy...
متن کاملClimate Change and Crop Yields in Iran and Other OIC Countries
Climate change is the main phenomenon that directly affects the world environment, and changes in the environment affect economic sectors differently. The most important impacts of climate change would be on enhancing the average global temperature and the decrease in precipitation. The agricultural sector is the first and most affected sector in the climate change. We examined the impact of te...
متن کامل