{"id":55575,"date":"2023-12-01T18:47:20","date_gmt":"2023-12-01T17:47:20","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/asymmetric-cointegration-and-the-j-curve-evidence-from-commodity-trade-between-turkey-and-eu\/"},"modified":"2025-10-22T22:20:53","modified_gmt":"2025-10-22T20:20:53","slug":"asymmetric-cointegration-and-the-j-curve-evidence-from-commodity-trade-between-turkey-and-eu","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/55575\/","title":{"rendered":"Asymmetric cointegration and the J-curve: evidence from commodity trade between Turkey and EU"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-55575","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"In this paper, we assess the asymmetric effects of exchange rate changes on the trade balance of 57 industries that trade between Turkey and EU. Since the analysis introduces nonlinear adjustment of the exchange rate, we find results that are different than previous research. More precisely, we find short-run asymmetry effects in all industries, short-run adjustment asymmetry in 24 industries, short-run impact asymmetry in 17 industries, and long-run asymmetry effects in 23 industries. Small and large industries seem to be subject to the same asymmetry effects.","onlinedate":"2020-11-01 01:00:00","lang":"English","publication_series":"","publication_date":"20201101","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[]","jelcodes":"[]","related_publications":"[]","pdf":null,"zip":null,"link":"http:\/\/www.springer.com\/10663","monthly_report":false,"monthly_report_main":false,"monthly_report_volume":"47","monthly_report_pages":"757-792","monthly_report_pages_sort":"757","issue":"4","journal":"Empirica","publisher":"","invisible":false,"external":true,"embargo_date":null,"types":[83083],"research_groups":[3500],"collaboration":"","persons":[11791,11297],"persons_data":"[{\"personId\":11791,\"personName\":\"Mohsen Bahmani-Oskooee\",\"organisationNames\":[]},{\"personId\":11297,\"personName\":\"Nazif Durmaz\",\"organisationNames\":[]}]","clients":[],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","scientific_assistance":"[]","scientific_review":"[]","version":"","release_date":null,"expiration_date":null,"surveyor":"","research_assistance":"","edv":"","additional_info_de":"","additional_info_en":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.3 (Yoast SEO v27.3) - 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