| Summary: | The values of the Grubel-Lloyd, Vollrath and CEP
indices are important indices used to show the countries' competitiveness
levels. Turkey wants to prove and maintain its presence in the iron and steel
sector, which has been the locomotive sector of industrialization for years.
Turkey's iron and steel industry competitiveness, to a comparative analysis
with other countries Grubel-Lloyd, volrath and Kip indices were calculated for
the years 2001-2017. As a result of analysis, Turkey; it operates in-industry
trade against the USA, Germany, China, Britain and Russia. In Addition, it has
a comparative advantage in the field of iron and steel and its competitiveness
is quite high. The country where we have the highest competitive power and
export share from these 5 countries is USA, considering the intra-industry
trade values. The USA is followed by China, Britain, Germany and Russia
respectively. In industrial trade, which is the feature of Industrialised
Country, Turkey sells significant amounts of iron-steel out and also buys it
from outside. Considering these analyses; In the iron and steel sector, which
is a capital intensive sector, iron-steel sector investments should be
encouraged in order to maintain the increase continue in competitiveness
observed against the USA, Germany, China, Britain and Russia and to increase
its competitiveness. For this, financial arrangements such as the necessary
infrastructure investments and tax incentives appear to be a viable policy.
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