Show simple item record

dc.contributor.authorÖzcan, K. M.en_US
dc.contributor.authorKalafatcılar, K.en_US
dc.date.accessioned2019-02-03T13:25:42Z
dc.date.available2019-02-03T13:25:42Z
dc.date.issued2009en_US
dc.identifier.issn1300-610X
dc.identifier.urihttp://hdl.handle.net/11693/48758
dc.description.abstractUpon difficulties faced by the Central Bank of Turkey (CBT) in attaining inflation targets, diverging movements in goods and services sectors prices, two components of the CPI basket, have drawn particular attention. However, studies on this issue have remained rather limited in developing as well as advanced countries. The present study is an attempt, despite limited availability of studies in the relevant literature and scant data relating to the sector of services, to clarify the issue by a VEC model. Relative price movements were explained by economic factors including inter-sectoral productivity differences, transmission from exchange rate, exposure to global competition and higher income elasticity of services sector. Our empirical study concluded that there is a long-term relationship between relative price series and economic factors recognized in literature. It was found that exchange rate and differences in productivity levels have significant share in accounting for relative price movements.en_US
dc.language.isoEnglishen_US
dc.source.titleİktisat İşletme ve Finansen_US
dc.relation.isversionofhttps://doi.org/10.3848/iif.2009.285.2590en_US
dc.subjectServices sectoren_US
dc.subjectRelative pricesen_US
dc.subjectTime series modelsen_US
dc.titleFactors influencing relative price of goods and services sectors in Turkey: an econometric analysisen_US
dc.typeArticleen_US
dc.departmentDepartment of Economicsen_US
dc.citation.spage48en_US
dc.citation.epage72en_US
dc.citation.volumeNumber24en_US
dc.citation.issueNumber285en_US
dc.identifier.doi10.3848/iif.2009.285.2590en_US
dc.publisherBilgesel Yayıncılık San. ve Tic. Ltd.en_US
dc.identifier.eissn1308-4658


Files in this item

Thumbnail

This item appears in the following Collection(s)

Show simple item record