Mutlak Satın Alma Gücü Paritesinin Geçerliliğine İlişkin Bir Analiz: Türk Lirası ve İngiliz Sterlini Örneği

Bu çalışmanın amacı, Mart 2001-Kasım 2020 dönemi için Türk lirası ile İngiliz sterlini arasında mutlak satın alma gücü paritesinin geçerliliğini belirlemektir. Çalışmada yapısal kırılmaları dikkate almayan geleneksel birim kök testleri (ve durağanlık testi) ve yapısal kırılmaları dikkate alan birim kök testleri kullanılmıştır. Tüm testlerin sonuçlarına göre Türk lirası ile İngiliz sterlini arasında mutlak satın alma gücü paritesinin geçerli olmadığı tespit edilmiştir.

Anahtar Kelimeler:

Mutlak Satın Alma Gücü Paritesi, Türk Lirası, İngiliz Sterlini

An Analysis of The Validity of Absolute Purchasing Power Parity: The Case of Turkish Lira and British Pound

This study aims to determine the validity of the absolute purchasing power parity between the Turkish lira and the British pound for March 2001-November 2020. Traditional unit root tests (and stationarity test) that do not take structural breaks into account and unit root tests that take structural breaks into account were used in the study. According to the results of all tests, it was found that the absolute purchasing power parity between the Turkish lira and the British pound was not valid.

Keywords:

Absolute Purchasing Power Parity, Turkish Lira, British Pound,

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