Import Dependency of Sectors and Major Determinants: An Input Output Analysis

Abstract

Many efforts have been devoted to import dependency of economies. In this study, import effects of sectors and their determinants have been researched by using input output models. Main determinants of sectoral import dependency were classified as base of three elements such as intensity of imported input, share of sectors in output and inter sectoral linkages. By the use of National Turkish Input-Output Tables from 1995 to 2011 which have been published World Input Output Database, import dependency of Turkish Economy was examined by sectors. With respect to finding of the study; Turkish Economy has been more import dependent during this period and change in the import dependency of sectors exhibited large diversity during 1995-2011. Import multipliers exhibiting total import effects of sectors seem to have changed in narrow band and closer to each other in 1995-1998 while it has been observed an expansion of import multipliers band and an increase in differences among sectors after 1998.