The Impact of US Sanctions on the Consumer Price Index (CPI) of Turkey

Waqar Badshah, Amaama Abdul-Malik, Asad Ul İSLAM Khan and Rasim Ozcan
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Waqar Badshah: Faculty of Humanities & Social Sciences
Amaama Abdul-Malik: Faculty of Humanities & Social Sciences
Asad Ul İSLAM Khan: Faculty of Humanities & Social Sciences

REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, 2021, vol. 22, issue 2, 213-221

Abstract: This paper addresses the assessment of effect of the sanctions imposed on Turkey by the United States of America in the year 2018 on the Consumer Price Index (CPI) of Turkey. The study used a cross sectional data from the 81 provinces in Turkey for the periods of 2016 to 2018 from Turkish Statistical Institute (TUIK). Dummy variable with Ordinary Least Squares (OLS) estimation method is used to determine that how the sanctions affected the CPI over that period by looking at the years before 2018, the year the sanctions were imposed.

Keywords: CPI; OLS method; Sanctions; Crisis. (search for similar items in EconPapers)
JEL-codes: B22 D18 F51 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:rom:rmcimn:v:22:y:2021:i:2:p:213-221

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