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The Competitiveness of Turkey with Respect to the Slovak Republic for the 1995-1999 Period

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  • Aysan, Ahmet Faruk
  • Hacihasanoglu, Yavuz Selim

Abstract

This paper examines Turkey’s international cost competitiveness in manufacturing with respect to the Slovak Republic, and quantitatively investigates the relationship between Turkish cost competitiveness and the exports of manufactured goods at an industry level. The Relative Unit Labor Cost (RULC) measure and dynamic panel data techniques are employed for this analysis. We find that Turkey is not competitive with respect to Slovakia for the 1995-1999 period. The Competitiveness of Slovakia mainly depends on its relatively higher level of labor productivity.

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 5496.

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Date of creation: 2007
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Handle: RePEc:pra:mprapa:5496

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Keywords: Manufacturing export; competitiveness; relative unit labor cost; wage; productivity;

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  1. Beata Smarzynska Javorcik, 2004. "Does Foreign Direct Investment Increase the Productivity of Domestic Firms? In Search of Spillovers Through Backward Linkages," American Economic Review, American Economic Association, vol. 94(3), pages 605-627, June.
  2. Edwards, Lawrence & Golub, Stephen S., 2004. "South Africa's International Cost Competitiveness and Exports in Manufacturing," World Development, Elsevier, vol. 32(8), pages 1323-1339, August.
  3. Slavo Radosevic & Andrew Roziek, 2005. "Foreign Direct Investment and Restructuring in the Automotive Industry in Central and East Europe," Working Papers 53, CENTRE FOR THE STUDY OF ECONOMIC AND SOCIAL CHANGE IN EUROPE,School of Slavonic and East European Studies,University College London (SSEES,UCL).
  4. Stephen S. Golub & Janet Ceglowski, 2002. "South African Real Exchange Rates And Manufacturing Competitiveness," South African Journal of Economics, Economic Society of South Africa, vol. 70(6), pages 1047-1075, 09.
  5. Lawrence Edwards & Phil Alves, 2006. "South Africa'S Export Performance: Determinants Of Export Supply," South African Journal of Economics, Economic Society of South Africa, vol. 74(3), pages 473-500, 09.
  6. Arellano, Manuel & Bond, Stephen, 1991. "Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations," Review of Economic Studies, Wiley Blackwell, vol. 58(2), pages 277-97, April.
  7. Sübidey Togan, 2005. "Turkey: Trade Policy Review," The World Economy, Wiley Blackwell, vol. 28(9), pages 1229-1262, 09.
  8. Golub, Stephen S & Hsieh, Chang-Tai, 2000. "Classical Ricardian Theory of Comparative Advantage Revisited," Review of International Economics, Wiley Blackwell, vol. 8(2), pages 221-34, May.
  9. Fagerberg, Jan, 1988. "International Competitiveness," Economic Journal, Royal Economic Society, vol. 98(391), pages 355-74, June.
  10. Erzan, Refik & Filiztekin, Alpay, 1997. "Competitiveness of Turkish SMSEs in the Customs Union," European Economic Review, Elsevier, vol. 41(3-5), pages 881-892, April.
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Cited by:
  1. Viera Pavličková, 2013. "The Competitiveness Of Slovak Foreign Trade In The European Market," Economic Annals, Faculty of Economics, University of Belgrade, vol. 58(196), pages 7-50, January â.

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