Import Content of Turkish Production and Exports: A sectoral analysis11 The views expressed in this paper are only those of the authors and should not be interpreted as reflecting the views of the Central Bank of the Republic of Turkey or its staff.
This study investigates the evolution of the import content of production and exports in Turkey for the 2002–2018 period. Based on 2002 and 2012 input-output tables and a large data set of production and foreign trade, we estimate the production and imported input use for 20 sectors, mainly from the...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Elsevier
2020-12-01
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| Series: | Central Bank Review |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S1303070120300275 |
| _version_ | 1818447850484269056 |
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| author | Yasemin Erduman Okan Eren Selçuk Gül |
| author_facet | Yasemin Erduman Okan Eren Selçuk Gül |
| author_sort | Yasemin Erduman |
| collection | DOAJ |
| description | This study investigates the evolution of the import content of production and exports in Turkey for the 2002–2018 period. Based on 2002 and 2012 input-output tables and a large data set of production and foreign trade, we estimate the production and imported input use for 20 sectors, mainly from the manufacturing industry. We calculate import requirement ratios, comprising both direct and indirect effects, for each sector using the Leontief inverse matrix. Our findings indicate that import dependency increases for exports, but stays relatively stable for production over time. In general, the import content of 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 import requirements are those with higher capital and technology intensity, such as petroleum products, basic metals, and motor vehicles. Agriculture, forestry and fishery; services and mining sectors have the lowest import requirements. |
| first_indexed | 2024-12-14T20:10:10Z |
| format | Article |
| id | doaj.art-fa61a1a787034230b155d6b803c4cbfe |
| institution | Directory Open Access Journal |
| issn | 1303-0701 |
| language | English |
| last_indexed | 2024-12-14T20:10:10Z |
| publishDate | 2020-12-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Central Bank Review |
| spelling | doaj.art-fa61a1a787034230b155d6b803c4cbfe2022-12-21T22:48:57ZengElsevierCentral Bank Review1303-07012020-12-01204155168Import Content of Turkish Production and Exports: A sectoral analysis11 The views expressed in this paper are only those of the authors and should not be interpreted as reflecting the views of the Central Bank of the Republic of Turkey or its staff.Yasemin Erduman0Okan Eren1Selçuk Gül2Corresponding author.; Central Bank of the Republic of Turkey, Research and Monetary Policy Department, Istiklal Caddesi No:10 Ulus, 06100, Ankara, TurkeyCentral Bank of the Republic of Turkey, Research and Monetary Policy Department, Istiklal Caddesi No:10 Ulus, 06100, Ankara, TurkeyCentral Bank of the Republic of Turkey, Research and Monetary Policy Department, Istiklal Caddesi No:10 Ulus, 06100, Ankara, TurkeyThis study investigates the evolution of the import content of production and exports in Turkey for the 2002–2018 period. Based on 2002 and 2012 input-output tables and a large data set of production and foreign trade, we estimate the production and imported input use for 20 sectors, mainly from the manufacturing industry. We calculate import requirement ratios, comprising both direct and indirect effects, for each sector using the Leontief inverse matrix. Our findings indicate that import dependency increases for exports, but stays relatively stable for production over time. In general, the import content of 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 import requirements are those with higher capital and technology intensity, such as petroleum products, basic metals, and motor vehicles. Agriculture, forestry and fishery; services and mining sectors have the lowest import requirements.http://www.sciencedirect.com/science/article/pii/S1303070120300275C67D57F14L60 |
| spellingShingle | Yasemin Erduman Okan Eren Selçuk Gül Import Content of Turkish Production and Exports: A sectoral analysis11 The views expressed in this paper are only those of the authors and should not be interpreted as reflecting the views of the Central Bank of the Republic of Turkey or its staff. Central Bank Review C67 D57 F14 L60 |
| title | Import Content of Turkish Production and Exports: A sectoral analysis11 The views expressed in this paper are only those of the authors and should not be interpreted as reflecting the views of the Central Bank of the Republic of Turkey or its staff. |
| title_full | Import Content of Turkish Production and Exports: A sectoral analysis11 The views expressed in this paper are only those of the authors and should not be interpreted as reflecting the views of the Central Bank of the Republic of Turkey or its staff. |
| title_fullStr | Import Content of Turkish Production and Exports: A sectoral analysis11 The views expressed in this paper are only those of the authors and should not be interpreted as reflecting the views of the Central Bank of the Republic of Turkey or its staff. |
| title_full_unstemmed | Import Content of Turkish Production and Exports: A sectoral analysis11 The views expressed in this paper are only those of the authors and should not be interpreted as reflecting the views of the Central Bank of the Republic of Turkey or its staff. |
| title_short | Import Content of Turkish Production and Exports: A sectoral analysis11 The views expressed in this paper are only those of the authors and should not be interpreted as reflecting the views of the Central Bank of the Republic of Turkey or its staff. |
| title_sort | import content of turkish production and exports a sectoral analysis11 the views expressed in this paper are only those of the authors and should not be interpreted as reflecting the views of the central bank of the republic of turkey or its staff |
| topic | C67 D57 F14 L60 |
| url | http://www.sciencedirect.com/science/article/pii/S1303070120300275 |
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