Döviz kuru oynaklığının ithalat ve ihracat üzerinde olan etkilerinin incelenmesi

In this study, the short-and long run effects of exchange rate volatility on imports and exports are examined by using ARDL Bounds testing approach. The study encompasses the export-import values of Turkey over the period of 2000 and 2019. In addition, the exchange rate volatility is analyzed through the employment of E-GARCH method. Overall, the exchange rate volatility is investigated by using the E-GARCH method. The results of the study indicate that the exchange rate volatility has an asymmetric and negative effect on imports while it has boosting effect on exports. At the same time, while imports have a positive effect on exports, the same pattern is not the case for imports. In terms of practical implications, the study provides fruitful insights for policy makers. In this regard, policy makers should consider the interrelations between exchange rate and foreign trade parameters in policy application.