Exchange Rates and Turkish Fresh Fruits and Vegetables Trade with the EU Countries: Bilateral Trade Data Analysis

Nazlıoğlu, Şaban; Erdem, Ekrem

doi:10.1080/08974438.2011.534043

Cited by 5 publications

(2 citation statements)

References 32 publications

(34 reference statements)

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“…Indeed, it has been determined that the addition of the exchange rate variable to the model reveals that an increase in the exchange rate positively affects exports. The same result has been reached in studies conducted by Gündüz (2010), Nazlioglu and Erdem (2011), Verter and Bečvářová (2014), Atif et al (2017), Orman andDellal (2021), andAwoderu et al (2022). Unlike these studies, Fidan (2006) has expressed that the real exchange rate does not have a significant impact on agricultural exports.…”

Section: Resultssupporting

confidence: 76%

Determinants of dried fruit products sector export: A gravity model for Türkiye

AKTAŞ

Kaplan

KOLUMAN

2023

Mediterranean Agricultural Sciences

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Agriculture contributes to economic development as well as meeting the basic nutritional needs of a society. The dried fruits and dried fruit products industry is one of the leading industries contributing to the national economy and forms a significant part of the agricultural industry. This study investigates the determinants of Türkiye's exports of dried fruits and dried fruit products using the gravity model. In this context, the data for the 2005-2021 period for 78 countries importing dried fruits and dried fruit products from Türkiye were analyzed using the Poisson Pseudo Maximum Likelihood estimator (PPML). The analysis revealed that the GDP of Türkiye and the importing country, nominal exchange rate, EU membership of the importing country, the availability of a free trade agreement with the importing country and the average surface temperature changes, positively impact Türkiye's exports of dried fruits and dried fruit products. Whereas the distance between countries, which is a good indicator for transportation costs, negatively affects Türkiye's exports of dried fruits and dried fruit products. The results of the analyses show that exports of dried fruits and products exhibit similar results to that of exports of agricultural products. Additionally, the gravity model for exports of dried fruits and dried fruit products is valid for Türkiye.

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Section: Resultssupporting

confidence: 76%

Determinants of dried fruit products sector export: A gravity model for Türkiye

AKTAŞ

Kaplan

KOLUMAN

2023

Mediterranean Agricultural Sciences

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“…Given this role that exchange rate plays in agricultural trade flows among the countries, voluminous studies have investigated its impact on (agricultural) exports and prices including, among others; Bradshaw and Orden (1990), Cho, Kim et al (2004); Cho, Kim et al (2005), Orden (2002), Xu and Orden (2002), Baek and Koo (2008), Huang (2004), Godwin (2009), Chebbi and Olarreaga (2011), Nazlioglu and Erdem (2011), and Simakova (2015). With regards to Egypt, a review of the literature on international agrifood trade indicates that a relatively few number of studies, in comparison to studies that have focused on other determinants of agrifood exports, have examined the relationship between exchange rate volatility and the performance of the country's agricultural exports (Shabsigh and Domaç, 1999;Achy and Sekkat, 2003;Rey, 2006, Abu Hatab et al, 2010.…”

Section: Introductionmentioning

confidence: 99%

Impact of Exchange Rate Volatility on The Performance of Egyptian Agricultural Exports Using A Vector Error Correction Model أثر تقلبات سعر الصرف على أداء الصادرات الزراعیة المصریة باستخدام نموذج متجه تصحیح الخطأ

حطب¹

2016

Journal of Agricultural Economics and Social Sciences

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Motivated by the ongoing debate among Egyptian economists and policymakers regarding the likely impacts of the recent depreciations of the Egyptian Pound on the country's economic sectors, this study aimed at contributing to this debate by providing empirical evidence of the impact of exchange tare volatility on the Egyptian agricultural exports. Specifically, a vector error correction model (VECM) was applied to quarterly data covering the period 1999:q1-2014:q4 to examine short-run and long-run impact of exchange rate volatility on Egypt's agricultural exports to the world. The econometric results indicate the existence of a statistically significant long-run relationship between exchange rate and Egyptian agricultural exports. The econometric results of the VECM model (with respect to exchange rate) reveal the existence of a long-run relationship between exchange rate and the value of Egypt's agricultural exports to the world. With an estimated negative and statistically significant error-correction term, the results showed a slow speed of adjustment toward long-run equilibrium and that only 2% of deviations from long-run equilibrium in the volume of Egyptian agricultural exports to the world are corrected for in the current period. In contrast, the short-run estimates of the VECM illustrated that exchange rate has a statistically insignificant effect on Egyptian agricultural exports. This finding was further confirmed by the results of the Wald Test. Based on these results, the study drew a number of policy recommendations including: i) Egyptian macroeconomic and foreign trade policymakers should be primarily preoccupied with the long-term movements of the exchange rate to design and implement monetary policies that ensure the stability of the exchange rate of the Egyptian Pound and enable Egyptian agricultural exporters to hedge against long-term exchange rate risk, ii) Egyptian agricultural trade policies should not only be focused "agricultural" related aspects but they should also take into account the impacts of "macroeconomic" variables on Egypt's agricultural exports which also matter for export, and iii) in order to benefit from the recent and expected depreciations in the Egyptian Pound, it is critical that agricultural exporters and export-supporting organizations in Egypt focus their effort on minimizing the production and post-production costs as well as on improving the quality of the agricultural commodities to enhance their ability to compete with other suppliers on the global market for agricultural commodities.

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Determinants of India's cotton export performance: An empirical analysis

Yadav,

Chattopadhyay

2024

International Economics

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Exchange Rates and Turkish Fresh Fruits and Vegetables Trade with the EU Countries: Bilateral Trade Data Analysis

Cited by 5 publications

References 32 publications

Determinants of dried fruit products sector export: A gravity model for Türkiye

Determinants of dried fruit products sector export: A gravity model for Türkiye

Impact of Exchange Rate Volatility on The Performance of Egyptian Agricultural Exports Using A Vector Error Correction Model أثر تقلبات سعر الصرف على أداء الصادرات الزراعیة المصریة باستخدام نموذج متجه تصحیح الخطأ

Determinants of India's cotton export performance: An empirical analysis

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