THE EFFECTS OF GASOLINE PRICE, REAL EXCHANGE RATE AND FOOD PRICE ON VEGETABLE AND FRUIT EXPORT

Authors : Gürkan Bozma, Ilyas Kays Imamoğlu

Pages : 182-198

Doi:10.18092/ulikidince.1319197

View : 144 | Download : 168

Publication Date : 2023-10-31

Article Type : Research Paper

Abstract :This study examines the effects of gasoline prices, fluctuations in the actual exchange rate, and food prices on the export of vegetables and fruits from Turkey. In this study, the Nonlinear Autoregressive Distributed Lag (NARDL) approach was utilized to examine the factors influencing the exports of vegetables and fruits from 2003:1 to 2019:12. The analysis was conducted with the assumption that the relationships between gasoline, actual exchange rates, and food prices are nonlinear. The objective of the study was to ascertain the asymmetric effects of gasoline, real exchange rate, and food prices on the exportation of vegetables and fruits. The findings of the NARDL model suggest that there is a significant relationship between long-term fluctuations in gasoline prices and the export of fruits and vegetables of different magnitudes. On the other hand, it has been observed that vegetable exports experience linear effects over an extended period in relation to the real exchange rate. On the other hand, it has been observed that fruit exports are susceptible to asymmetric effects. The present study suggests that fluctuations in food prices have diverse effects on vegetable exports.
Keywords : Reel Döviz Kuru, Gıda Fiyatı, Tarımsal İhracat, Petrol Fiyatı