The Effect of Financial Currency Fluctuations on Exports in the Candidate Countries for the European Union

Ayça Pekmez Bahçeci; Burak Büyükoğlu

Makale detayları

The Effect of Financial Currency Fluctuations on Exports in the Candidate Countries for the European Union

Yazarlar:

Ayça Pekmez Bahçeci | Burak Büyükoğlu

Yayıncı:

Gaziantep University

Ana Başlıklar:

Finans

Dergi:

Gaziantep Üniversitesi Sosyal Bilimler Dergisi Vol.22 Issue 1, pp.239-257

Belge Tipi:

Makale

Yayın Tarihi:

1/2023

Belge Dili:

Türkçe

Document ID (Org No.):

2001283168

pISSN:

1303-0094

Anahtar kelimeler:

Özet:

 Export is very important for developed and developing countries to maintain their growth and stability. One of the factors affecting exports the most is currency fluctuations. In the study, panel data analysis is carried out with the annual data of Serbia, Montenegro, North Macedonia, Albania and Turkey, which are candidate countries for the European Union, for the period 2006-2020, considering the important relationship between these exports and currency fluctuations. The financial and export situations of the candidate countries to the European Union are taken into account. Mean group estimator AMG analysis was performed. According to the findings obtained from the analysis, it was concluded that the exchange rate increases in US dollars in North Macedonia, Serbia and Turkey and the gross domestic product in Montenegro and Serbia positively affected the export of goods and services.

 Export is very important for developed and developing countries to maintain their growth and stability. One of the factors affecting exports the most is currency fluctuations. In the study, panel data analysis is carried out with the annual data of Serbia, Montenegro, North Macedonia, Albania and Turkey, which are candidate countries for the European Union, for the period 2006-2020, considering the important relationship between these exports and currency fluctuations. The financial and export situations of the candidate countries to the European Union are taken into account. Mean group estimator AMG analysis was performed. According to the findings obtained from the analysis, it was concluded that the exchange rate increases in US dollars in North Macedonia, Serbia and Turkey and the gross domestic product in Montenegro and Serbia positively affected the export of goods and services.

 Export is very important for developed and developing countries to maintain their growth and stability. One of the factors affecting exports the most is currency fluctuations. In the study, panel data analysis is carried out with the annual data of Serbia, Montenegro, North Macedonia, Albania and Turkey, which are candidate countries for the European Union, for the period 2006-2020, considering the important relationship between these exports and currency fluctuations. The financial and export situations of the candidate countries to the European Union are taken into account. Mean group estimator AMG analysis was performed. According to the findings obtained from the analysis, it was concluded that the exchange rate increases in US dollars in North Macedonia, Serbia and Turkey and the gross domestic product in Montenegro and Serbia positively affected the export of goods and services.

 İhracat, gelişmiş ve gelişmekte olan ülkelerin büyüme ve istikrarlarını devam ettirebilmeleri açısından oldukça önemlidir. İhracatı en çok etkileyen faktörlerden birisi de kur dalgalanmalarıdır. Çalışmada ihracat ve kur dalgalanmaları arasındaki önemli ilişki göz önünde bulundurularak Avrupa Birliğine aday ülkeler Sırbistan, Karadağ, Kuzey Makedonya, Arnavutluk ve Türkiyenin 2006-2020 dönemleri arasındaki yıllık verileriyle panel veri analizi yapılmaktadır. Avrupa Birliğine aday ülkelerinin finansal ve ihracat durumları dikkate alınmaktadır. Ortalama grup tahmincisi AMG analizi yapılmıştır. Analizden elde edilen bulgulara göre, Kuzey Makedonya, Sırbistan ile Türkiyede ABD doları cinsinden meydana gelen kur artışlarının ve Karadağ ile Sırbistanda gayri safi yurt içi hasılanın mal ve hizmet ihracatını pozitif yönde etkilediği sonuçlarına ulaşılmıştır.

Makale detayları

The Effect of Financial Currency Fluctuations on Exports in the Candidate Countries for the European Union

Yazarlar:

Ayça Pekmez Bahçeci | Burak Büyükoğlu

Yayıncı:

Gaziantep University

Ana Başlıklar:

Finans

Dergi:

Gaziantep Üniversitesi Sosyal Bilimler Dergisi Vol.22 Issue 1, pp.239-257

Belge Tipi:

Makale

Yayın Tarihi:

1/2023

Belge Dili:

Türkçe

Document ID (Org No.):

2001283168

pISSN:

1303-0094

European Union Candidate Countries

Exchange Rate

Export

Panel Data Analysis.

Avrupa Birliği’ne Aday Ülkeler

Döviz Kuru

İhracat

Panel Veri Analizi

Sayı

Makale detayları

Yazarlar: Ayça Pekmez Bahçeci | Burak Büyükoğlu

Yayıncı: Gaziantep University

Ana Başlıklar: Finans

Dergi: Gaziantep Üniversitesi Sosyal Bilimler Dergisi Vol.22 Issue 1, pp.239-257

Belge Tipi: Makale

Yayın Tarihi: 1/2023

Belge Dili: Türkçe

Document ID (Org No.): 2001283168

pISSN: 1303-0094

Sayı

Yazarlar:

Ayça Pekmez Bahçeci | Burak Büyükoğlu

Yayıncı:

Gaziantep University

Ana Başlıklar:

Finans

Dergi:

Gaziantep Üniversitesi Sosyal Bilimler Dergisi Vol.22 Issue 1, pp.239-257

Belge Tipi:

Makale

Yayın Tarihi:

1/2023

Belge Dili:

Türkçe

Document ID (Org No.):

2001283168

pISSN:

1303-0094