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Toward Sustainable Input Pricing in Agriculture: The Sectoral Impact of Asymmetric Monetary Policy in Türkiye      
Yazarlar (6)
Prof. Dr. Hasan Gökhan DOĞAN Prof. Dr. Hasan Gökhan DOĞAN
Kırşehir Ahi Evran Üniversitesi, Türkiye
Emel Mirza
Selçuk Üniversitesi, Türkiye
Ali Ganiyusufoğlu
Selçuk Üniversitesi, Türkiye
Zeki Bayramoğlu
Selçuk Üniversitesi, Türkiye
Serhan Candemir
Malatya Turgut Ozal University, Türkiye
Ayşen Edirneligil
Selçuk Üniversitesi, Türkiye
Devamını Göster
Özet
This study investigates the asymmetric effects of monetary policy instruments on agricultural input prices in Türkiye, a developing economy. Using monthly data from 2015 to 2024, the analysis focuses on key variables including the exchange rate, consumer price index (CPI), policy rate, reserve requirement ratio, and rediscount rate. Asymmetric fully modified ordinary least squares (FMOLS) and impulse‐response analyses reveal that positive exchange rate shocks significantly and persistently increase input costs, highlighting the sector's import dependence and vulnerability. Inflation and policy rate hikes also raise costs, but declines in these variables do not produce equally strong reductions—indicating asymmetric effects. Similar patterns are observed for other monetary tools. The findings emphasize that both the direction and magnitude of macroeconomic shocks matter for agricultural input pricing. Therefore …
Anahtar Kelimeler
agricultural input prices | asymmetry | FMOLS | impulse-response analysis | monetary policy | T & uuml;rkiye
Makale Türü Özgün Makale
Makale Alt Türü SSCI, AHCI, SCI, SCI-Exp dergilerinde yayınlanan tam makale
Dergi Adı Sustainable Development
Dergi ISSN 0968-0802 Wos Dergi Scopus Dergi
Dergi Tarandığı Indeksler SSCI
Dergi Grubu Q1
Makale Dili İngilizce
Basım Tarihi 10-2025
Sayı 1
Sayfalar 1 / 12
Doi Numarası 10.1002/sd.70365
Makale Linki https://doi.org/10.1002/sd.70365