IDEAS home Printed from https://ideas.repec.org/p/ege/wpaper/1502.html

Import Dependency in Turkey: an Input-Output Analysis

Author

Listed:
  • Osman Aydogus

    (Department of Economics, Ege University)

  • Cagacan Deger

    (Department of Economics, Ege University)

  • Elif Tunali Caliskan

    (Department of Economics, Ege University)

  • Gulcin Gurel Gunal

    (Department of Economics, Ege University)

Abstract

Import dependency is important for the development process. High import dependency implies, among many items, a vulnerability to foreign exchange shocks. This study examines the intermediate inputs import dependency of Turkish economy. Main contribution is the construction of an import matrix for year 2008, whereas the most recent official one is from year 2002. The analysis reveals dependency of Turkish economy on especially raw material inputs obtained from abroad.

Suggested Citation

  • Osman Aydogus & Cagacan Deger & Elif Tunali Caliskan & Gulcin Gurel Gunal, 2015. "Import Dependency in Turkey: an Input-Output Analysis," Working Papers 1502, Ege University, Department of Economics.
    • Handle: RePEc:ege:wpaper:1502
    as

    Download full text from publisher

    File URL: http://iibf.ege.edu.tr/economics/papers/wp15-02.pdf
    File Function: First version, 2015
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Danny Leung & Oana Secrieru, 2012. "Real-Financial Linkages In The Canadian Economy: An Input--Output Approach," Economic Systems Research, Taylor & Francis Journals, vol. 24(2), pages 195-223, September.
    2. Alper DUMAN & Gül ÖZGÜZER, 2012. "An Input-Output Analysis of Rising Imports in Turkey," Ekonomik Yaklasim, Ekonomik Yaklasim Association, vol. 23(84), pages 39-54.
    3. Osman AYDOĞUŞ & Çağaçan DEĞER & Elif TUNALI ÇALIŞKAN & Gülçin GÜREL GÜNAL, 2015. "An Application of the Hybrid Approach to Constructing Regional Input-Output Tables: Case of İzmir, Turkey," Iktisat Isletme ve Finans, Bilgesel Yayincilik, vol. 30(348), pages 09-34.
    4. Berument, Hakan & Taşçı, Hakan, 2002. "Inflationary effect of crude oil prices in Turkey," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 316(1), pages 568-580.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Marwil J. Dávila-Fernández, 2019. "Manufacture Content and Financialisation: An Empirical Assessment," Department of Economics University of Siena 811, Department of Economics, University of Siena.
    2. Mehdi Behname, 2013. "The relationship between Market Size, Inflation and Energy," Economic Analysis Working Papers (2002-2010). Atlantic Review of Economics (2011-2016), Colexio de Economistas de A Coruña, Spain and Fundación Una Galicia Moderna, vol. 2, pages 1-1, December.
    3. KILICARSLAN Zerrin & DUMRUL Yasemin, 2017. "Macroeconomic Impacts Of Oil Price Shocks: An Empirical Analysis Based On The Svar Models," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 69(5), pages 55-72, December.
    4. Claudiu Tiberiu Albulescu & Cornel Oros & Aviral Kumar Tiwari, 2017. "Oil price–inflation pass-through in Romania during the inflation targeting regime," Applied Economics, Taylor & Francis Journals, vol. 49(15), pages 1527-1542, March.
    5. Adel Benhamed & Mohamed Sadok Gassouma, 2023. "Preventing Oil Shock Inflation: Sustainable Development Mechanisms vs. Islamic Mechanisms," Sustainability, MDPI, vol. 15(12), pages 1-16, June.
    6. A. O. Baranov & A. V. Goreev, 2022. "Analysis of the Multiplier Effects Produced by Investment in a Dynamic Input–Output Model," Studies on Russian Economic Development, Springer, vol. 33(6), pages 687-696, December.
    7. Suzuki, Kengo & Uchiyama, Yohji, 2010. "Quantifying the risk of an increase in the prices of non-energy products by combining the portfolio and input-output approaches," Energy Policy, Elsevier, vol. 38(10), pages 5867-5877, October.
    8. Yasemin Asu ÇIRPICI, 2023. "Dependency on Imported Intermediates in Turkey: Two Different IO Approach," Fiscaoeconomia, Tubitak Ulakbim JournalPark (Dergipark), issue 1.
    9. Chang, Ting-Huan & Huang, Chien-Ming & Lee, Ming-Chih, 2009. "Threshold effect of the economic growth rate on the renewable energy development from a change in energy price: Evidence from OECD countries," Energy Policy, Elsevier, vol. 37(12), pages 5796-5802, December.
    10. Yuwan Duan & Yanping Zhao & Jakob Haan, 2020. "Exchange Rate Pass-through in China: A Cost-Push Input-Output Price Model," Open Economies Review, Springer, vol. 31(3), pages 513-528, July.
    11. Pelin ÖGE GÜNEY, 2013. "The Effects of Oil Prices Changes on Output Growth and Inflation: Evidence from Turkey," Journal of Economics and Behavioral Studies, AMH International, vol. 5(11), pages 730-739.
    12. Dedeoğlu, Dinçer & Kaya, Hüseyin, 2014. "Pass-through of oil prices to domestic prices: Evidence from an oil-hungry but oil-poor emerging market," Economic Modelling, Elsevier, vol. 43(C), pages 67-74.
    13. AydIn, Levent & Acar, Mustafa, 2011. "Economic impact of oil price shocks on the Turkish economy in the coming decades: A dynamic CGE analysis," Energy Policy, Elsevier, vol. 39(3), pages 1722-1731, March.
    14. Zhang, Jiaming & Guo, Songlin & Dou, Bin & Xie, Bingyuan, 2023. "Evidence of the internationalization of China's crude oil futures: Asymmetric linkages to global financial risks," Energy Economics, Elsevier, vol. 127(PA).
    15. Chen, Zhan-Ming & Chen, Pei-Lin & Ma, Zeming & Xu, Shiyun & Hayat, Tasawar & Alsaedi, Ahmed, 2019. "Inflationary and distributional effects of fossil energy price fluctuation on the Chinese economy," Energy, Elsevier, vol. 187(C).
    16. İbrahim Özmen & Şerife Özşahin, 2023. "Effects of global energy and price fluctuations on Turkey's inflation: new evidence," Economic Change and Restructuring, Springer, vol. 56(4), pages 2695-2728, August.
    17. Chen, Zhan-Ming, 2014. "Inflationary effect of coal price change on the Chinese economy," Applied Energy, Elsevier, vol. 114(C), pages 301-309.
    18. Aydoğuş, Osman & Deger, Cagacan & Tunalı Çalışkan, Elif & Gürel Günal, Gülçin, 2015. "Regional Input-Output Analysis of A Mega-Event: Possible Impact of EXPO on Izmir Economy," MPRA Paper 65547, University Library of Munich, Germany.
    19. Irfan Ahmed & Claudio Socci & Francesca Severini & Qaiser Rafique Yasser & Rosita Pretaroli, 2018. "The structures of production, final demand and agricultural output: a Macro Multipliers analysis of the Nigerian economy," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 35(3), pages 691-739, December.
    20. Gbatu, Abimelech Paye & Wang, Zhen & Wesseh, Presley K. & Tutdel, Isaac Yak Repha, 2017. "The impacts of oil price shocks on small oil-importing economies: Time series evidence for Liberia," Energy, Elsevier, vol. 139(C), pages 975-990.

    More about this item

    Keywords

    ;
    ;
    ;

    JEL classification:

    • C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models
    • F10 - International Economics - - Trade - - - General
    • O50 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - General

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ege:wpaper:1502. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Baris Gök (email available below). General contact details of provider: https://edirc.repec.org/data/deegetr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.