Answers are grounded in this paper and cite their sources.
In this paper, the relationship between Türkiye’s manufacturing industry exports and global economic policy uncertainty (GEPU) is examined using monthly data from 2013:01 to 2023:12. Estimations performed using the ARDL approach indicate that GEPU does not significantly affect manufacturing industry exports in Türkiye. This finding suggests that Turkish manufacturing industry exporters maintain stable and long-term trade relations. Consistent with expectations, foreign demand positively influences exports, while the appreciation of the Turkish Lira has a negative impact. To enhance manufacturing industry exports, it is recommended to strengthen commercial and diplomatic ties, enhance international cooperation, mitigate exchange rate risks through expanded hedging mechanisms, and invest in human capital and technology.
No takes yet. Share an insight, caveat, or question.
Akpiliç et al. (2024) studied this question.
Synapse has enriched 10 related papers. Consider them for comparative context: