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Network Structure of the Turkish Economy (Turkiye Ekonomisinin Sektorel Ag Yapisi)

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  • Mahmut Gunay
  • Huseyin Cagri Akkoyun

Abstract

[EN] In this note, we analyze the role of idiosyncratic sectoral shocks on aggregate fluctuations. Sectors are connected with each other through intermediate input use. Productivity shock to a supplier may be transmitted directly to immediate users’ of the intermediate goods and indirectly to other sectors through network structure. Working with Input-Output Table of Turkish economy, we show that sectoral shocks may play non-negligible role in aggregate fluctuations. [TR] Bu notta, sektorel soklarin ekonomi geneli dalgalanmalar uzerindeki etkisi incelenmektedir. Sektorler ara mali kullanimi nedeniyle birbirlerine baglidir. Bu nedenle, bir tedarikcinin maruz kaldigi verimlilik soku, tedarikcinin urettigi ara malini kullanan sektorleri dogrudan ve diger sektorleri de dolayli olarak etkileyebilir. Turkiye ekonomisine ait Girdi-Cikti Tablosu kullanarak elde edilen bulgular, sektorel soklarin ekonomi geneli dalgalanmalarda goz ardi edilemez bir rol oynayabilecegini gostermektedir.

Suggested Citation

  • Mahmut Gunay & Huseyin Cagri Akkoyun, 2013. "Network Structure of the Turkish Economy (Turkiye Ekonomisinin Sektorel Ag Yapisi)," CBT Research Notes in Economics 1322, Research and Monetary Policy Department, Central Bank of the Republic of Turkey.
    • Handle: RePEc:tcb:econot:1322
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