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On the nexus between exchange rate and income distribution in Turkey: ARDL bound testing analysis
Economic Journal of Emerging Markets Pub Date : 2019-04-01 , DOI: 10.20885/ejem.vol11.iss1.art1
Arif Eser Güzel , Ünal Arslan

If we talk about the importance of variables in economic development, income distribution is not the second to economic growth, especially in emerging countries. These emerging countries are generally characterized by the volatility of exchange rates, especially after most of the countries adopted floating exchange rates system. This paper investigates the impact of an increases in dollar value on income distribution using annual data in the period 1990-2016 for Turkey via an ARDL model and bound testing analysis. In constructing the empirical model, it also considers the impact of GDP per capita on the dependent variable. Findings/Originality : The paper finds that an increase in dollar value leads to a more unequal income distribution in Turkey. The dollar holds an important place in Turkey’s foreign trade. Therefore, the changes in the value of dollar results in significant welfare effects

中文翻译:

关于土耳其汇率与收入分配之间的关系:ARDL 界限测试分析

如果说变量在经济发展中的重要性,收入分配并不是仅次于经济增长的,尤其是在新兴国家。这些新兴国家普遍具有汇率波动的特点,尤其是在大多数国家采用浮动汇率制度之后。本文通过 ARDL 模型和边界测试分析,使用土耳其 1990-2016 年期间的年度数据,研究了美元价值增加对收入分配的影响。在构建经验模型时,还考虑了人均GDP对因变量的影响。发现/独创性:该论文发现,美元价值的增加导致土耳其的收入分配更加不平等。美元在土耳其的对外贸易中占有重要地位。所以,
更新日期:2019-04-01
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