Özyıldırım, Süheyla2016-01-082016-01-0819901990http://hdl.handle.net/11693/17309Cataloged from PDF version of article.Includes bibliographical references (leaves 31-34).In this study, most popular exchange determination policy, PPP has been tested for the long-run equilibrium. For the test of long-run equilibrium, autoregressive distributed lag model is constructed and the model is estimated using cointegration test and error correction frameworks. The present study tests PPP within the time periods January 1980 to December 1989 for the TL/USD and the TL/DM cases separately. The findings of the study suggest that in Turkey, PPP will not hold even in the long-run.viii, 34 leaves : charts ; 30 cm.Englishinfo:eu-repo/semantics/openAccessPurchasing power parityLong-run equilibriumAutoregressive distributed lag model,Cointegartion testError-correction mechanismThesis