Halicioglu, Ferda - In: Applied Economics 40 (2008) 18, pp. 2423-2429
This article seeks an empirical evidence for the existence of the J-curve phenomenon both in the short-run and long-run for Turkey over the period 1980-2005. The bounds testing cointegration approach is employed to estimate the trade balance model. An augmented form of Granger causality analysis...