Influence of the COVID-19 Pandemic on Exports in Türkiye: Evidence from ARDL Model

Türkiye is a country in which the COVID-19 pandemic has deeply affected export performance. The aim of this paper is to analyse the impact of the COVID-19 pandemic on Turkish export performance using different variables indicating the severity of the COVID-19 effects. The effect of COVID-19 on Türki...

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Main Author: Zaim Reha Yaşar
Format: Article
Language:English
Published: Istanbul University Press 2024-08-01
Series:İktisat Politikası Araştırmaları Dergisi
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Online Access:https://cdn.istanbul.edu.tr/file/JTA6CLJ8T5/A37F11F62B7445CA9E6D69C84BD1D7FF
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author Zaim Reha Yaşar
author_facet Zaim Reha Yaşar
author_sort Zaim Reha Yaşar
collection DOAJ
description Türkiye is a country in which the COVID-19 pandemic has deeply affected export performance. The aim of this paper is to analyse the impact of the COVID-19 pandemic on Turkish export performance using different variables indicating the severity of the COVID-19 effects. The effect of COVID-19 on Türkiye’s export performance is empirically analysed with the ARDL approach by employing time series data covering the 2013:q1-2022:q1 period. The estimation results of the six models indicate that COVID-19 does not affect Turkish export performance in the long term, whereas its lagged variables have negative and significant effects in the short term. Foreign income has positive and statistically significant effects on export volumes in both the short and long term. The exchange rate significantly and negatively affects export flows in both the short and long term. The results of this paper are robust against different types of COVID-19 proxies. COVID-19 has negative effects on exports in the short run for Türkiye’s economy. The results indicate that policymakers should consider the lagged effects of variables in addition to the current version. The findings also show the recommendation that short- and long-run estimations should be conducted to determine the short- and long-run relations.
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issn 2148-3876
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series İktisat Politikası Araştırmaları Dergisi
spelling doaj-art-4e0e34a99c3845e4ab03d61d79786af82025-08-20T03:52:48ZengIstanbul University Pressİktisat Politikası Araştırmaları Dergisi2148-38762024-08-0111226327710.26650/JEPR1477032123456Influence of the COVID-19 Pandemic on Exports in Türkiye: Evidence from ARDL ModelZaim Reha Yaşar0https://orcid.org/0000-0001-7466-6137Kırıkkale Üniversitesi, Kirikkale, TurkiyeTürkiye is a country in which the COVID-19 pandemic has deeply affected export performance. The aim of this paper is to analyse the impact of the COVID-19 pandemic on Turkish export performance using different variables indicating the severity of the COVID-19 effects. The effect of COVID-19 on Türkiye’s export performance is empirically analysed with the ARDL approach by employing time series data covering the 2013:q1-2022:q1 period. The estimation results of the six models indicate that COVID-19 does not affect Turkish export performance in the long term, whereas its lagged variables have negative and significant effects in the short term. Foreign income has positive and statistically significant effects on export volumes in both the short and long term. The exchange rate significantly and negatively affects export flows in both the short and long term. The results of this paper are robust against different types of COVID-19 proxies. COVID-19 has negative effects on exports in the short run for Türkiye’s economy. The results indicate that policymakers should consider the lagged effects of variables in addition to the current version. The findings also show the recommendation that short- and long-run estimations should be conducted to determine the short- and long-run relations.https://cdn.istanbul.edu.tr/file/JTA6CLJ8T5/A37F11F62B7445CA9E6D69C84BD1D7FFcovid-19export performancesupply chainlockdown policiesardl method
spellingShingle Zaim Reha Yaşar
Influence of the COVID-19 Pandemic on Exports in Türkiye: Evidence from ARDL Model
İktisat Politikası Araştırmaları Dergisi
covid-19
export performance
supply chain
lockdown policies
ardl method
title Influence of the COVID-19 Pandemic on Exports in Türkiye: Evidence from ARDL Model
title_full Influence of the COVID-19 Pandemic on Exports in Türkiye: Evidence from ARDL Model
title_fullStr Influence of the COVID-19 Pandemic on Exports in Türkiye: Evidence from ARDL Model
title_full_unstemmed Influence of the COVID-19 Pandemic on Exports in Türkiye: Evidence from ARDL Model
title_short Influence of the COVID-19 Pandemic on Exports in Türkiye: Evidence from ARDL Model
title_sort influence of the covid 19 pandemic on exports in turkiye evidence from ardl model
topic covid-19
export performance
supply chain
lockdown policies
ardl method
url https://cdn.istanbul.edu.tr/file/JTA6CLJ8T5/A37F11F62B7445CA9E6D69C84BD1D7FF
work_keys_str_mv AT zaimrehayasar influenceofthecovid19pandemiconexportsinturkiyeevidencefromardlmodel