Journals / Central Bank Review / 2020 / Cilt: 20 - Sayı: 4

Import Content of Turkish Production and Exports: A sectoral analysis

Pages
155–168
DOI
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

Our findings indicate that import dependencyincreases for exports, but stays relatively stable for production over time.

📌 3 Key Takeaways

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Objective & Hypothesis:This study investigates the evolution of the import content of production and exports in Turkey for the2002e2018 period.
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Key Findings & Data:Based on 2002 and 2012 input-output tables and a large data set of production andforeign trade, we estimate the production and imported input use for 20 sectors, mainly from themanufacturing industry.
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Conclusion & Impact:Our findings indicate that import dependencyincreases for exports, but stays relatively stable for production over time.
🔬Design:Research Article
📍Scope:2002 Verileri
⚙️Variables:Domain Parameters

Özet

This study investigates the evolution of the import content of production and exports in Turkey for the2002e2018 period. Based on 2002 and 2012 input-output tables and a large data set of production andforeign trade, we estimate the production and imported input use for 20 sectors, mainly from themanufacturing industry. We calculate import requirement ratios, comprising both direct and indirecteffects, for each sector using the Leontief inverse matrix. Our findings indicate that import dependencyincreases for exports, but stays relatively stable for production over time. In general, the import contentof production is lower than that of exports. This difference is mainly attributable to the services sector,which has low import dependency, yet a large share in production. Sectors with the highest importrequirements are those with higher capital and technology intensity, such as petroleum products, basicmetals, and motor vehicles. Agriculture, forestry and fishery; services and mining sectors have the lowestimport requirements.

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Cite This Article

ERDUMAN, Y., EREN, O., GÜL, S. (2020). Import Content of Turkish Production and Exports: A sectoral analysis. Central Bank Review, Cilt: 20 - Sayı: 4, 155–168. https://ajindex.com/articles/351794

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