SEKMEN, Fuat; SARIBAS, Hakan - In: Applied Econometrics and International Development 7 (2007) 2, pp. 71-78
This paper examines the cointegration and causality among exchange rate, export, and import for Turkey during the period of 1998-2006. The econometrics results show that there is a cointegration between exports and import, but direction of causality is bi-directional between these two variables....