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Journals / Hacettepe Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi / 2011 / Cilt: 29 - Sayı: 1

Relationship between price level and exchange rate in Azarbaijan

Azerbaycan'da fiyatlar genel düzeyi ve döviz kuru ilişkisi

Seymur AGHAYEV
Pages
1–19
Publication Date
2022-10-18
DOI
—
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AI Summary & Key Takeaways

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

The findings from causality tests indicate also that there is no Granger causality between prices level and exchange rates.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:The purpose of this study is to investigate the relationship between price level and exchange rate using monthly data for the period of 1995:01–2010:04 in Azerbaijan.
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Key Findings & Data:Cointegration tests reveal that there is not stable long-run relationship between prices and exchange rates.
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Conclusion & Impact:The findings from causality tests indicate also that there is no Granger causality between prices level and exchange rates.
🔬Design:Research Article
📍Scope:2010 Verileri
⚙️Variables:Domain Parameters

Abstract

The purpose of this study is to investigate the relationship between price level and exchange rate using monthly data for the period of 1995:01–2010:04 in Azerbaijan. Cointegration tests reveal that there is not stable long-run relationship between prices and exchange rates. The findings from causality tests indicate also that there is no Granger causality between prices level and exchange rates.

Özet

Çalışmada 1995: 01–2010: 04 dönemine ait aylık veri seti kullanılarak Azerbaycan ekonomisinde fiyatlar genel düzeyi ile döviz kuru arasındaki ilişki analiz edilmiştir. Eştümleşme sınamaları sonucunda bahsedilen iktisadi değişkenler arasında herhangi bir uzun dönem ilişkisi tespit edilememiştir. Granger nedensellik sınamasının Hsiao yaklaşımı ve geleneksel Granger nedensellik analizi sonuçları da, petrol ihracatından dolayı yüksek döviz gelirlerine sahip olan Azerbaycan ekonomisinde fiyatlar genel düzeyi ile döviz kuru arasında herhangi bir nedensellik ilişkisinin olmadığını göstermektedir.

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Cite This Article

AGHAYEV, S. (2022). Relationship between price level and exchange rate in Azarbaijan. Hacettepe Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, Cilt: 29 - Sayı: 1, 1–19. https://ajindex.com/articles/533137

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