Relative Price and Technology Components of Import Liberalization in Turkey: 1973-1996

Download

60-60-1-PB.pdf

Date

2005-12

Author

Günlük-Şenesen, Gülay
Şenesen, Ümit

Metadata

Show full item record

This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Item Usage Stats

170
views

53
downloads

This paper studies the effects of Turkey’s switch from import substitution to import liberalization in 1980 on intermediate imports. The underlying input-output methodology involves two novelties: Firstly, backward import linkages are disaggregated to capture both origin and destination sector information. Secondly, the intertemporal change is decomposed into relative price and technology components. Aggregated input-output tables for 1973 and 1996 constitute the database. Relative prices are far from being uniform, yet their effects in general are very small compared to the technology component. Production became more dependent on imported inputs in general, leading export sectors (Agriculture, Textiles-Clothing, and Food-Beverages) inclusive.

URI

http://www2.feas.metu.edu.tr/metusd/ojs/index.php/metusd/article/view/60
https://hdl.handle.net/11511/58549

Journal

ODTÜ Gelişme Dergisi

Collections

Department of Economics, Article

Suggestions

OpenMETU
Core

Environmental impact of customs union agreement with EU on Turkey's trade in manufacturing industry Akbostancı Özkazanç, Elif; Tunç, Gül İpek (Informa UK Limited, 2008-01-01) In this study, we analyse Turkey's manufacturing industry trade by estimating sectoral import and export demand equations for 1980-2000. The study aims to understand whether the trade in the manufacturing industry complies with pollution haven hypothesis, and whether the free trade environment provided by the customs union (CU) agreement altered the trade pattern of the clean and dirty industries. Results of our econometric models have shown that while CU positively affects the import demand, it does not ha...
Foreign investment in producer services - The Turkish experience in the post-1980 period Tokatli, N; Erkip, F (1998-02-01) Since 1980, Turkey has been changing its growth strategy from protectionist import substitution to one more market-oriented and outward looking. As the restructuring has unfolded, the domestic market has opened up to foreigners. This paper discusses the increasing involvement in the economy of producer service firms with foreign capital. We describe 278 such firms: when they entered the Turkish market, their countries of origin (mostly European Community countries), industry groups and ownership structure. ...
Real exchange rates and job flows: evidence from Turkey Dogan, Ergun; İslam, Muhammed Qamarul; Yazici, Mehmet (2018-01-01) This study investigates the effects of the real exchange rate on job flows in Turkish manufacturing industries between 2006 and 2015 using data at the four-digit NACE Revision 2 level. Using dynamic panel data models, we find that a real appreciation increases gross and net job creation rates, and that the effect of appreciation is magnified as the exposure to international competitiveness of industries increases. We think that this is because Turkish manufacturing firms import a greater share of their inpu...
A Translog cost function analysis of Turkish agriculture Sel, Güney; Güzel, Alper; Department of Economics (2002) This work examines the costs occurred in the agricultural production process in Turkey employing agricultural data from 1970 to 1999. A Translog specification will be used to represent the cost pattern of the Turkish Agricultural Production. The Translog Cost Function is the most frequently used flexible function in empirical work, which is well known for its flexible functional form in terms of the local second-order approximation to any arbitrary functional form. The model that is considered in this study...
Agricultural imports of Turkey Durusu Çitfçi, Dilek; Akder, Ahmet Halis; Department of Economics (2011) This thesis analyses the agricultural import demand of Turkey for the period 1993-2009. The main objective of the thesis is to assess the reason for the rapid increase in imports. Turkey has a trade surplus since 1993, yet, imports have surged since 2001. In this study import demand has been analyzed descriptively i.e., the developments in foreign trade have been described by the help of available, official trade statistics. Increasing population, economic growth (income) and overvalued exchange rate are am...

Citation Formats

G. Günlük-Şenesen and Ü. Şenesen, “Relative Price and Technology Components of Import Liberalization in Turkey: 1973-1996,” ODTÜ Gelişme Dergisi, vol. 32, no. 2, pp. 367–390, 2005, Accessed: 00, 2020. [Online]. Available: http://www2.feas.metu.edu.tr/metusd/ojs/index.php/metusd/article/view/60.