İktisadi ve İdari Bilimler Fakültesi / Faculty of Economics and Administrative Sciences

Permanent URI for this collectionhttps://hdl.handle.net/11727/1399

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    The İmpact Of Fluctuating İnternational Fertiliser Prices And Exchange Rates On Domestic Fertiliser Prices İn Türkiye
    (AGRICULTURAL ECONOMICS-ZEMEDELSKA EKONOMIKA, 2024-12-14) Bor, Ozgur; Dagistan, Nihat
    This study aims to examine the relationship between domestic and international prices of di -ammonium phosphate (DAP) and urea fertilisers together with exchange rates in Tiirkiye using the non-linear autoregressive distributed lag (NARDL) model on monthly data for the period of January 2011 to September 2022. The result of the study provides empirical evidence about the presence of asymmetries in the short and long -run among these fertilisers. The findings of the study confirm that international prices of di -ammonium phosphate and urea fertilisers have a symmetric effect in the long -run and exchange rate of the Turkish lira to US dollars has an asymmetric effect on the domestic prices of fertilisers in the short run. This is the first study in Tiirkiye to delineate the dynamic simultaneous interaction among these markets and its findings can be extremely useful for academicians, and policymakers to make decisions regarding the market structure of countries that do not have sufficient domestic resources for fertiliser supply and are dependent on imports.