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dc.contributor.advisorÇapoğlu, Gökhan
dc.contributor.authorÖztürk, Zeynep
dc.date.accessioned2016-01-08T20:08:44Z
dc.date.available2016-01-08T20:08:44Z
dc.date.issued1990
dc.identifier.urihttp://hdl.handle.net/11693/17269
dc.descriptionAnkara : The Department of Management and Graduate School of Business Administration of Bilkent Univ. , 1990.en_US
dc.descriptionThesis (Master's) -- Bilkent University, 1990.en_US
dc.descriptionIncludes bibliographical references leaves 44-45.en_US
dc.description.abstractThe main purpose of this study is to examine emiprically whether or not devaluation could be relied upon as a means fo r correcting the balance of payments deficits in Turkey. The time period is the years between 1968-1984. In this study, an international trade model for Turkey is established to find out price and income elasticities of import and export demands. Restricted form of Marshal 1-Lerner condition (Harberger condition) is applied to see the effectiveness of devaluation. Import and export demands functions are estimated by both Ordinary Least Square and Two Stage Least Square methods to see how Turkey's case fits into the methodological controversy. Another issue considered is the choice between static and dynamic formulations of the export and import functions. It is found that import demand of Turkey is income elastic but price inelastic, whereas export demand for Turkey is elastic both w ith respect to the relative prices and income. Devaluation con be used as an effective tool in correcting the balance of payments in Turkey according to the study’s findings.en_US
dc.description.statementofresponsibilityÖztürk, Zeynepen_US
dc.format.extentviii, 45 leavesen_US
dc.language.isoEnglishen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectBalance of paymentsen_US
dc.subjectImport demanden_US
dc.subjectExport demanden_US
dc.subjectPrice elasticityen_US
dc.subjectIncome elasticityen_US
dc.subjectMarshal 1-Lerner conditionen_US
dc.subjectOLSen_US
dc.subject2SLSen_US
dc.subjectCochrane Orcutt Type Least Square Estimationen_US
dc.subject.lccHG3883.T9 O99 1990en_US
dc.subject.lcshBalance of payments-Turkey.en_US
dc.subject.lcshDevaluation of currency-Turkey.en_US
dc.titleDevaluation as a balance of payments corrective measure in Turkeyen_US
dc.typeThesisen_US
dc.departmentDepartment of Managementen_US
dc.publisherBilkent Universityen_US
dc.description.degreeM.S.en_US
dc.identifier.itemidBILKUTUPB006675


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