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Journals / Business and Economics Research Journal / 2021 / Cilt: 12 - Sayı: 3

The Real Effective Exchange Rate and Industrial Employment: The Turkish Case

Reşat Can AKKAY
Pages
491–507
DOI
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

This finding supports the dominance of the“imported input” channel over the other transmission channels for Turkey at theindustry level.

📌 3 Key Takeaways

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Objective & Hypothesis:: This study investigates the relationship between industrial employment andproducer price index-based real effective exchange rate, over the period 2009M01-2019M10, by employing the autoregressive distributed lag cointegration procedure, forthe Turkish economy.
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Key Findings & Data:The empirical findings support the existence of a positiverelationship between the appreciation of the producer price index-based real effectiveexchange rate and an increase in industrial employment.
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Conclusion & Impact:This finding supports the dominance of the“imported input” channel over the other transmission channels for Turkey at theindustry level.
🔬Design:Research Article
📍Scope:Comprehensive Sample
⚙️Variables:Domain Parameters

Özet

: This study investigates the relationship between industrial employment andproducer price index-based real effective exchange rate, over the period 2009M01-2019M10, by employing the autoregressive distributed lag cointegration procedure, forthe Turkish economy. The empirical findings support the existence of a positiverelationship between the appreciation of the producer price index-based real effectiveexchange rate and an increase in industrial employment. Accordingly, a 1% appreciationof the producer price index-based real effective exchange rate leads to a 0.092%increase in industrial employment. This finding supports the dominance of the“imported input” channel over the other transmission channels for Turkey at theindustry level.

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Cite This Article

AKKAY, R. C. (2021). The Real Effective Exchange Rate and Industrial Employment: The Turkish Case. Business and Economics Research Journal, Cilt: 12 - Sayı: 3, 491–507. https://ajindex.com/articles/352174

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