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Journals / Ekoist: Journal of Econometrics and Statistics / 2005 / Cilt: 0 - Sayı: 1

Determinants of Intra-Industry Trade in Final Goods and Intermediate Goods between Turkey and Selected OECD Countries

Dr. Kemal TÜRKCAN
Pages
21–40
Publication Date
2011-08-25
DOI
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AI Summary & Key Takeaways

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

The results indicate that the determinants of IIT for final goods are not much different from those for intermediate goods.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:The increased importance of fragmentation in world trade has created an interest among trade economists to explain the determinants of trade in intermediate goods.
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Key Findings & Data:A significant portion oftrade in intermediates between Turkey and OECD countries takes the form of intra-industry (IIT).
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Conclusion & Impact:The results indicate that the determinants of IIT for final goods are not much different from those for intermediate goods.
🔬Design:Modeling & Simulation
📍Scope:2000 Verileri
⚙️Variables:Parçalama · Dış Kaynak Kullanımı · Nihai Mallar

Abstract

The increased importance of fragmentation in world trade has created an interest among trade economists to explain the determinants of trade in intermediate goods. A significant portion oftrade in intermediates between Turkey and OECD countries takes the form of intra-industry (IIT). Country-specific and industry-specific hypotheses drawn from the IIT literature are put forward to investigate the IIT in final and intermediates between Turkey and other selected OECD countries for the period of 1985-2000. To test these hypotheses, we have utilized three-way fixed effects and random effects models. The results indicate that the determinants of IIT for final goods are not much different from those for intermediate goods. Finally, the results suggest that country-specific rather than industry-specific variables are the central determinants of IIT in final and intermediate goods between Turkey and OECD.

Özet

Üretimin farklı ülkelerde gerçekleştirilmesi nedeniyle uluslar arası ara malları ticareti ekonomistler arasında bu ticaretin belirleyicilerini açıklama konusunda bir ilgi uyandırmıştır. Türkiye ile OECD ülkeleri arasında yapılan ticaretin önemli bir kısmı ara mallarında gerçekleşen endüstri-içi ticaret oluşturmaktadır. Bu çalışmada endüstri-içi ticaret literatüründeki ülkeye özgü ve endüstriye özgü hipotezler kullanılarak 1985-2000 döneminde Türkiye ve seçilmiş OECD ülkeleri arasındaki ara ve nihai mal ticareti açıklanmaya çalışılmıştır. Bu hipotezleri test etmek için Fixed Effects ve Random Effects modelleri kullanılmıştır. Ampirik sonuçlar ara mal ve nihai mal ticaretinin belirleyicileri arasında bir fark bulunmadığını göstermektedir. Ayrıca, sonuçlar Türkiye ve OECD ülkeleri arasında ara ve nihai mallarda gerçekleşen endüstri-içi ticareti açıklamasında ülkeye özgü hipotezlerin endüstriye özgü hipotezlerin açıklanmasında daha başarılı olduğunu önermektedir.

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Cite This Article

TÜRKCAN, D. K. (2011). Determinants of Intra-Industry Trade in Final Goods and Intermediate Goods between Turkey and Selected OECD Countries. Ekoist: Journal of Econometrics and Statistics, Cilt: 0 - Sayı: 1, 21–40. https://ajindex.com/articles/753487

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