A Comparative Analysis of the Real Sector in Turkey from the Economic and Financial Perspectives with the CRITIC-MAIRCA Method
This study aimed to examine the economic contribution and financial performance of the real sector in Turkey. Using the real sector company accounts published by the Central Bank of the Republic of Turkey (CBRT), seventeen sectors were analysed with the CRITIC-based MAIRCA method. The economic contr...
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| Format: | Article |
| Language: | English |
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Ekonomi ve Finansal Araştırmalar Derneği
2022-03-01
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| Series: | Ekonomi, Politika & Finans Araştırmaları Dergisi |
| Subjects: | |
| Online Access: | https://dergipark.org.tr/tr/download/article-file/2222298 |
| _version_ | 1797289569185431552 |
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| author | Fatih Ecer Fatih Günay |
| author_facet | Fatih Ecer Fatih Günay |
| author_sort | Fatih Ecer |
| collection | DOAJ |
| description | This study aimed to examine the economic contribution and financial performance of the real sector in Turkey. Using the real sector company accounts published by the Central Bank of the Republic of Turkey (CBRT), seventeen sectors were analysed with the CRITIC-based MAIRCA method. The economic contribution was evaluated with sub-indicators to economic growth, employment, and entrepreneurship; financial performance was evaluated with liquidity, financial structure, turnover and profitability indicators. The findings revealed that manufacturing sector provided the highest contribution to total economy and in all sub-indicators. While the sectors with the lowest contribution in the sub-indicators differed, it was determined that the sub-sector with the lowest total contribution was real estate activities sector. In terms of total financial performance and liquidity, financial structure, and profitability sub-indicators, human health and social work activities, and according to turnover ratios energy supply sector have the highest performance. The study revealed that the sectors with an increased contribution to the economy and those with high financial performance differentiate. Lastly, it has been seen that sectors with high economic contribution exhibit weak financial performance. The findings were checked by sensitivity analysis and proposed method produces consistent results against weight changes and the model is reliable. |
| first_indexed | 2024-03-07T19:06:52Z |
| format | Article |
| id | doaj.art-fccb62d552364c3d9532e660817639eb |
| institution | Directory Open Access Journal |
| issn | 2587-151X |
| language | English |
| last_indexed | 2024-03-07T19:06:52Z |
| publishDate | 2022-03-01 |
| publisher | Ekonomi ve Finansal Araştırmalar Derneği |
| record_format | Article |
| series | Ekonomi, Politika & Finans Araştırmaları Dergisi |
| spelling | doaj.art-fccb62d552364c3d9532e660817639eb2024-03-01T08:33:04ZengEkonomi ve Finansal Araştırmalar DerneğiEkonomi, Politika & Finans Araştırmaları Dergisi2587-151X2022-03-017118621910.30784/epfad.1065471957A Comparative Analysis of the Real Sector in Turkey from the Economic and Financial Perspectives with the CRITIC-MAIRCA MethodFatih Ecer0Fatih Günay1AFYON KOCATEPE UNIVERSITYAğrı İbrahim Çeçen Üniversitesi, Turizm İşletmeciliği ve Otelcilik Yüksekokulu, Gastronomi ve Mutfak SanatlarıThis study aimed to examine the economic contribution and financial performance of the real sector in Turkey. Using the real sector company accounts published by the Central Bank of the Republic of Turkey (CBRT), seventeen sectors were analysed with the CRITIC-based MAIRCA method. The economic contribution was evaluated with sub-indicators to economic growth, employment, and entrepreneurship; financial performance was evaluated with liquidity, financial structure, turnover and profitability indicators. The findings revealed that manufacturing sector provided the highest contribution to total economy and in all sub-indicators. While the sectors with the lowest contribution in the sub-indicators differed, it was determined that the sub-sector with the lowest total contribution was real estate activities sector. In terms of total financial performance and liquidity, financial structure, and profitability sub-indicators, human health and social work activities, and according to turnover ratios energy supply sector have the highest performance. The study revealed that the sectors with an increased contribution to the economy and those with high financial performance differentiate. Lastly, it has been seen that sectors with high economic contribution exhibit weak financial performance. The findings were checked by sensitivity analysis and proposed method produces consistent results against weight changes and the model is reliable.https://dergipark.org.tr/tr/download/article-file/2222298reel sektörekonomik katkıfinansal performanscritic-mairca yöntemireal sectoreconomic contributionfinancial performancecritic-mairca method |
| spellingShingle | Fatih Ecer Fatih Günay A Comparative Analysis of the Real Sector in Turkey from the Economic and Financial Perspectives with the CRITIC-MAIRCA Method Ekonomi, Politika & Finans Araştırmaları Dergisi reel sektör ekonomik katkı finansal performans critic-mairca yöntemi real sector economic contribution financial performance critic-mairca method |
| title | A Comparative Analysis of the Real Sector in Turkey from the Economic and Financial Perspectives with the CRITIC-MAIRCA Method |
| title_full | A Comparative Analysis of the Real Sector in Turkey from the Economic and Financial Perspectives with the CRITIC-MAIRCA Method |
| title_fullStr | A Comparative Analysis of the Real Sector in Turkey from the Economic and Financial Perspectives with the CRITIC-MAIRCA Method |
| title_full_unstemmed | A Comparative Analysis of the Real Sector in Turkey from the Economic and Financial Perspectives with the CRITIC-MAIRCA Method |
| title_short | A Comparative Analysis of the Real Sector in Turkey from the Economic and Financial Perspectives with the CRITIC-MAIRCA Method |
| title_sort | comparative analysis of the real sector in turkey from the economic and financial perspectives with the critic mairca method |
| topic | reel sektör ekonomik katkı finansal performans critic-mairca yöntemi real sector economic contribution financial performance critic-mairca method |
| url | https://dergipark.org.tr/tr/download/article-file/2222298 |
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