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Long Term Analysis of Intersectoral Interdependence of Turkey’s Economy with Input Output Analysis Approach

Author

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  • Ferhat PEHLİVANOĞLU
  • Muhammet Rıdvan İNCE

Abstract

In this study; Turkey’s economic transformation between 1970 and 2012 was examined by means of an input-output model. The economy was divided into 10 sectors in the analysis to maintain consistency over all historical input-output tables. As a result of the analysis, the sector with the highest forward and backward linkage effects has been identified as intermediate goods producing industries. The analysis shows that Turkey’s economy has transformed to an industry-based economy from agriculture-based economy. However, it is clear that economic transformation should continue for a more developed economy. In particular, products with high added value need to be focused in production.Classification-JEL: D57, D51, O21, O25, H54.

Suggested Citation

  • Ferhat PEHLİVANOĞLU & Muhammet Rıdvan İNCE, 2020. "Long Term Analysis of Intersectoral Interdependence of Turkey’s Economy with Input Output Analysis Approach," Sosyoekonomi Journal, Sosyoekonomi Society, issue 28(44).
    • Handle: RePEc:sos:sosjrn:200208
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    More about this item

    Keywords

    Input Output Analysis; Turkey’s Economy; Forward-Backward Linkage Indices.;
    All these keywords.

    JEL classification:

    • D57 - Microeconomics - - General Equilibrium and Disequilibrium - - - Input-Output Tables and Analysis
    • D51 - Microeconomics - - General Equilibrium and Disequilibrium - - - Exchange and Production Economies
    • O21 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Planning Models; Planning Policy
    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy
    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures

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