ARTICLE
TITLE

The Relationship between the Real Effective Exchange Rate and Industrial Production in the Turkish Economy

SUMMARY

The industrial sector is one of the key sectors for the Turkish economy in terms of production, employment and exports. The volatility in the exchange rate in the Turkish economy has important effects on industrial production, as well as many economic variables. The main purpose of this study is to empirically analyse the effects of real effective exchange rate on industrial production for the Turkish economy in the 2009M08-2022M01 period. According to the results of the study, the real effective exchange rate adversely affects the industrial production in the Turkish economy. Other things being equal, the depreciation of the domestic currency increases the foreign demand for industrial products, in line with the economic theory. Considering these relations between real effective exchange rate and industrial production while designing economic policies is important for sustainable economic growth. 

PAGES
pp. 198 - 203
COLLECTIONS
Law

 Articles related

Dana Van der Merwe    

The present article focuses on the (sometimes problematic) relationship between digital information and certain legal fields. Most legal rules developed long before the arrival of the computer and the digital telephone, and these rules are now under cons... see more


Johan Beckmann    

This article deals with the debate in education and law circles about the convergence of the two fields of knowledge in an area conveniently called education law. It recognises that there is no universal acknowledgement of the existence of such a discipl... see more


I Komang Winata    

The Indonesian population is aging very rapidly and as the number of old people increases, the number of retirees increases as well. Many scholars have argued the benefits of civic engagement in old age, but there is lack of empirical evidence of the fac... see more


Ibijoke Patricia Byron    

There is a vital connection between legal education, public interest and social justice because lawyers use their education for the benefit of the society. They render their services to those who are unable to afford legal services and in addit... see more


Kadra Yusuf Hersi,Ayben Koy    

This paper aims to determine the significance relation and direction of stock markets and exchange rate on Fragile five Countries (South Africa, Turkey, Indonesia, India, and Brazil) between January 2010 to December 2019. This study applied the VAR Analy... see more