DETERMINING THE RELATIONSHIPS AMONG NUMBER OF GOATS, MILK PRODUCTION AND DOLLAR EXCHANGE RATE BY BOUND TEST IN TURKEY


Abstract views: 164 / PDF downloads: 195

Authors

  • Şenol ÇELİK Bingöl University/TURKEY
  • Turgay ŞENGÜL Bingöl University/TURKEY
  • Bünyamin SÖĞÜT Bingöl University/TURKEY
  • Yusuf ŞENGÜL Bingöl University/TURKEY
  • Hakan İNCİ Bingöl University/TURKEY

DOI:

https://doi.org/10.26809/joa.2018548627

Abstract

In this study, relationships among the presence number of goat, milk production and the dollar exchange rate were analyzed in the period 1981-2017. In the analysis, since the number of goats and milk production and the dollar exchange rate series were stationary at different grades, the relationships between them were examined by the Bound test. The lag length was determined as 8 and predicted long-term model was the ARDL (1,1,4) model. According to the results of the Bound test, a long-term relationship between number of goat, milk production and dollar exchange rate were statistically significant. This relationship was positive. According to the results of the error correction model, a significant relationship was found between milk production and all other variables. The error correction coefficient value was -0.3056, and against imbalances and shocks in the short term, 30.56% of the deviation in the long term can be eliminated after 1 period. At the results of Diagnostic tests, the coefficient of determination (R2) and the adjusted determination coefficient (Adj. R2) were estimate as 0.979 and 0.972 respectively. Hence, it was understood that there was no autocorrelation and heteroscedasticity problem in the predicted model, and the error term had normal distribution, and that the model was set up correctly.

Keywords: Turkey, number of goat, milk production, Bound test, dollar exchange rate

Downloads

Download data is not yet available.

References

AYHAN, F. (2016). Döviz Kuru Oynaklığı, Dış Ticaret ve İstihdam İlişkisi: Türkiye Uygulaması. Selçuk Üniversitesi Sosyal Bilimler Enstitüsü İktisat Anabilim dalı Doktora Tezi, Konya, s.201.
BAYRAMOĞLU, A. T., YURTKUR, A. K. (2015). Türkiye’de Gıda ve Tarımsal Ürün Fiyatlarını Uluslararası Belirleyicileri. Anadolu Üniversitesi Sosyal Bilimler Dergisi, 15(2):63-74.
BAHMANI-OSKOOEE, M., HAJILEE, M. (2013). Exchange Rate Volatility and its Impact on Domestic Investment. Research in Economics, 67:1-12.
FAOSTAT, 2016. http://www.fao.org/faostat/en/#data/QA (Mayıs, 2018).
FRAİT, J., KOMAREK, L. (2001). Real Exchange Rate Trends In Transitional Countries, WarWıck Economic Research Papers, No, 596, 1-35.
GÜNAY, S., EĞRİOĞLU E., ALADAĞ, Ç., H. (2007). Tek Değişkenli Zaman Serileri Analizine Giriş. Hacettepe Üniversitesi Yayınları, Ankara.
KARKACIER, O. (2000). Türkiye Süt ve Süt Ürünleri İthal Talep Analizi. Turk J Agric For., 24:421-427.
KARLUK, R. S. (2009). Uluslararası Ekonomi (Teori-Politika), Gözden Geçirilmiş 10. Basım, İstanbul: Beta Basım Yayınları.
KIZILKAYA, O., SOFUOĞLU, E., KARAÇOR, Z. (2016). Türkiye’de Turizm Gelirleri- Ekonomik Büyüme İlişkisi: ARDL Sınır Testi Yaklaşımı. Yönetim ve Ekonomi, 23(1):203-215.
MUTLU, İ. (2006). Makro ekonomi politikalarının döviz kuru üzerindeki etkilerinin bir değerlendirilmesi ve Türkiye örneği. Dokuz Eylül Üniversitesi Sosyal Bilimler Enstitüsü İktisat Anabilim Dalı Yüksek Lisans Tezi, İzmir, 81s.
NARAYAN, P. K., NARAYAN, S. (2006). Savings Behaviour in Fiji: An Empirical Assessment Using the ARDL Approach to Cointegration. International Journal of Social Economics, 33(7):468-480.
SEYİDOĞLU, H. (2013). Uluslararası İktisat Teori Politika ve Uygulama, Genişletilmiş 18. Baskı, İstanbul: Güzem Can Yayınları.
TARI, R. (2015). Ekonometri. Umuttepe Yayınları, s.534.
TCMB (Türkiye Cumhuriyeti Merkez Bankası), (2017).
http://www.tcmb.gov.tr/wps/wcm/connect/TCMB+TR/TCMB+TR/Main+Menu/Istatis tikler/Doviz+Kurlari/Gosterge+Niteligindeki+Merkez+Bankasi+Kurlarii
TÜİK, (2017). Hayvancılık istatistikleri.
https://biruni.tuik.gov.tr/hayvancilikapp/hayvancilik.zul, erişim tarihi 29 Nisan 2018.

Published

2018-12-31

How to Cite

ÇELİK, Şenol, ŞENGÜL, T., SÖĞÜT, B., ŞENGÜL, Y., & İNCİ, H. (2018). DETERMINING THE RELATIONSHIPS AMONG NUMBER OF GOATS, MILK PRODUCTION AND DOLLAR EXCHANGE RATE BY BOUND TEST IN TURKEY. JOURNAL OF AWARENESS, 3(Özel Sayı), 165–172. https://doi.org/10.26809/joa.2018548627

Issue

Section

Research Articles