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Key Sector Analysis by IO Networks: Evidence From Turkey

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  • Yasemin Asu Çırpıcı

Abstract

In this study, the key sectors of Turkey are determined using Input-Output (IO) network analysis. Different centrality measures are analyzed and compared. Accordingly, eigenvector, page rank, hub, and authority centralities are calculated. The effects of an economic shock are also analyzed using random walk centrality and counting betweenness. Findings indicate that the key sectors are “Wholesale and Retail Trade; Repair of Motor Vehicles”, “Transport, Storage and Communications”, “Agriculture, Hunting and Forestry”, “Construction”, “Real Estate Activities”, and “Textiles, Textile Products, Leather and Footwear”. Furthermore, the same sectors are determined to be vulnerable to economic shocks. JEL: C67, L14, D85.

Suggested Citation

  • Yasemin Asu Çırpıcı, 0. "Key Sector Analysis by IO Networks: Evidence From Turkey," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 0(0), pages 1-46.
  • Handle: RePEc:voj:journl:v:0:y:0:i:0:p:1-46:id:1763
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    Keywords

    Input-Output networks; Key sector; Centralities;
    All these keywords.

    JEL classification:

    • C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models
    • L14 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Transactional Relationships; Contracts and Reputation
    • D85 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Network Formation

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