@article{2019,title={IMPACT OF ENERGY PRICES ON THE TURKISH EXPORT SUPPLY: TIME SERIES EVIDENCE FOR MANUFACTURING INDUSTRY EXPORTS},abstractNode={The aim of the study is to determine the impact of exchange rate and world energy prices on the manufacturing industry export supply of Turkey. In the long run, export supply traditionally depends on the relative prices, input costs and production capacity. In this framework, Turkey’s manufacturing industry export is modelled by using an expanded version of the traditional export supply equation. The main variables included in the model are exports, production capacity, relative prices and input costs. In this paper, the input costs are divided into two parts as, wages for domestic costs and energy price index for foreign costs. Additionally, exchange rate variable was added to the model to measure the effects of exchange rate changes. The Bayer-Hanck co-integration method is employed in this work. This method combines the single equation and VAR approaches to suggest a stronger modeling method. Depending on the results of Bayern-Hanck Co-integration method, suitable time series techniques (single equation or system approaches) are used. It is important that this study is one of the rare studies using the Bayer-Hack Co-integration method in the literature. Besides, the effects of multiple breaks are taken into account in unit root testing. Depends on the analysis results industrial production, exchange rates and world energy prices are the factors that affect the manufacturing industry export supply.},author={Memduh Alper DEMİR-Ramazan EKİNCİ - Utku UTKULU},year={2019},journal={Turkish Studies-Economics,Finance,Politics}}