The Evolution of Import Content of Production and Exports in Turkey: 2002-2017

Yasemin Erduman (), Okan Eren and Selcuk Gul

Working Papers from Research and Monetary Policy Department, Central Bank of the Republic of Turkey

Abstract: This study explores the evolution of the import content of production and exports in Turkey for the 2002-2017 period. Using 2002 and 2012 input-output tables, we estimate the production and imported input use for the remaining years based on a large data set of production and foreign trade for 20 selected sectors, mostly from the manufacturing industry. Import requirement ratios, comprising both direct and indirect linkages, for each sector are calculated using the Leontief inverse matrix. Our findings indicate that import dependency increases for exports, but stays roughly the same for production over time. In general, the import content of production is below the import content of exports. This divergence can mainly be attributed to the services sector, which has relatively low import dependency, yet a significant share in production. Sectors with the highest import requirements are found to be those with higher capital and technology intensity such as coke and refined petroleum products, basic metals and motor vehicles. Agriculture, forestry, and fishery; service and mining sectors are found to have the lowest import requirements.

Keywords: Input-output tables; Leontief inverse matrix; import content (search for similar items in EconPapers)
JEL-codes: C67 D57 F14 L60 (search for similar items in EconPapers)
Date: 2019
New Economics Papers: this item is included in nep-ara, nep-bec and nep-int
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:tcb:wpaper:1909

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