İhracatın Reel Döviz Kuruna Duyarlılığı: Türkiye ve Seçili Ülkeler İçin Ürün Düzeyinde Bir Analiz.

In order to improve current account deficit, exchange rate policy has been frequently used by policymakers. Therefore, the effect of exchange rate on exports has been well-studied in literature. This paper aims to estimate real exchange rate elasticities of export outcomes (unit value, quantity, and value) using six-digit HS product level data for Turkey and selected countries. Our results show that price elasticity of exports is low, but quantity elasticity is high in most selected countries. This indicates that the exchange rate is affected by export amount. On the other hand, these results vary among different sub-sectors and destination country groups. These findings imply that exchange rate policy should be cautiously designed to avoid unexpected consequences. [ABSTRACT FROM AUTHOR]