İhracatta Pazar Kompozisyonundaki Değişimin Dış Talep Göstergesine Etkisi
Author
Abstract
Suggested Citation
DOI: 10.5455/ey.35106
Note: [English Title] The Effect of Export Market Composition Change to the Foreign Demand Indicator of Turkey [English Abstract] Foreign demand indicator is one of the most significant determinants of export growth. European Union (EU)’s growth performance had been seen as the determiner of the foreign demand indicator for Turkish exporters, because, EU has a significant share in Turkey’s export market composition. Despite that, Turkey’s export market composition had significantly changed, especially in 2000’s. In this study, we aim to figure out the effects of market composition change to the foreign demand conditions. For this purpose we generated a foreign income growth index, weighted by the export market share in total exports of Turkey. Then we decomposed the weighted foreign income growth index to composition and country effects, by using share analysis. Within this context, 2004-2012 period is separated into two sub periods to compare the global financial crisis’ impacts on composition and country effects. According to our results, in Turkey, country effect is the driving force of foreign demand growth in ordinary times; while in crisis periods composition effect’s relative importance increases. It is predicted that country effect would again become the driving force of foreign demand growth in the forthcoming years. Another important highlight of this paper is that; composition effect’s contribution to foreign demand indicator growth is not limited with the current period. Thus, composition effect implies a structural market composition change which affects the country effect in the long run. [English Keywords] Export Growth, Foreign Demand Indicator, Market Composition, Market Diversification.
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Ark, Bart van, 1995. "Sectoral growth accounting and structural change in postwar Europe," GGDC Research Memorandum 199523, Groningen Growth and Development Centre, University of Groningen.
- Martin, John P & Evans, John M, 1981. "Notes on Measuring the Employment Displacement Effects of Trade by the Accounting Procedure," Oxford Economic Papers, Oxford University Press, vol. 33(1), pages 154-164, March.
- Alberto Amurgo-Pacheco, Martha Denisse Pierola, 2007.
"Patterns of export diversification in developing countries: intensive and extensive margins,"
IHEID Working Papers
20-2007, Economics Section, The Graduate Institute of International Studies, revised Jul 2007.
- Amurgo-Pacheco, Alberto & Pierola, Martha Denisse, 2008. "Patterns of export diversification in developing countries : intensive and extensive margins," Policy Research Working Paper Series 4473, The World Bank.
- Okan Eren, 2013. "Pazar Buyuklugu ve Pazar Payi Bilesenleri Kullanilarak Turkiye’nin Ihracat Buyumesi ve Dis Ticaret Acigi Projeksiyonlari : 2013-2030," CBT Research Notes in Economics 1305, Research and Monetary Policy Department, Central Bank of the Republic of Turkey.
- Altan Aldan & M. Faruk Aydin & Olcay Yucel Culha & Enes Sunel & Temel Taskin, 2012. "Ihracatta Bolgesel ve Sektorel Cesitlenme," CBT Research Notes in Economics 1218, Research and Monetary Policy Department, Central Bank of the Republic of Turkey.
- Maudos, Joaquin & Pastor, José Manuel & Serrano, Lorenzo, 2008. "Explaining the US-EU productivity growth gap: Structural change vs. intra-sectoral effect," Economics Letters, Elsevier, vol. 100(2), pages 311-313, August.
- Gulbin Sahinbeyoglu & Bulent Ulasan, 1999. "An Empirical Examination of the Structural Stability of Export Function : The Case of Turkey," Discussion Papers 9907, Research and Monetary Policy Department, Central Bank of the Republic of Turkey.
- Ugur Ciplak & Okan Eren & Ferya Ogunc & Mesut Saygili, 2011. "Turkiye’nin Ihracati Icin Alternatif Dis Talep Gostergeleri," CBT Research Notes in Economics 1107, Research and Monetary Policy Department, Central Bank of the Republic of Turkey.
- Evren Erdogan Cosar, 2002. "Price and Income Elasticities of Turkish Export Demand : A Panel Data Application," Central Bank Review, Research and Monetary Policy Department, Central Bank of the Republic of Turkey, vol. 2(2), pages 19-53.
- Ayla Ogus & Niloufer Sohrabji, 2009. "Elasticities of Turkish Exports and Imports," Working Papers 0906, Izmir University of Economics.
- repec:dgr:rugggd:199523 is not listed on IDEAS
- Altan Aldan & Murat Ungor, 2011. "2003-2010 Donemi Dis Ticaret Fiyat Artislarinin Sektorel Kaynaklari," CBT Research Notes in Economics 1118, Research and Monetary Policy Department, Central Bank of the Republic of Turkey.
- Altan Aldan & Olcay Yucel Culha, 2013. "The Role of Extensive Margin in Exports of Turkey : A Comparative Analysis," Working Papers 1332, Research and Monetary Policy Department, Central Bank of the Republic of Turkey.
- Guzin Erlat, 2000. "Measuring the impact of trade flows on employment in the Turkish manufacturing industry," Applied Economics, Taylor & Francis Journals, vol. 32(9), pages 1169-1180.
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.- A. Hakan Kara & Cagri Sarikaya, 2013. "Cyclically Adjusted Current Account Balance," CBT Research Notes in Economics 1318, Research and Monetary Policy Department, Central Bank of the Republic of Turkey.
- Hakan Kara & Cagri Sarikaya, 2013. "Turkiye�de Konjonkturel Etkilerden Arindirilmis Cari Islemler Dengesi," Working Papers 1340, Research and Monetary Policy Department, Central Bank of the Republic of Turkey.
- Nursel AYDINER‐AVSAR & ÖZlem ONARAN, 2010.
"The Determinants Of Employment: A Sectoral Analysis For Turkey,"
The Developing Economies, Institute of Developing Economies, vol. 48(2), pages 203-231, June.
- Özlem Onaran & Nursel Aydiner-Avsar, 2006. "The controversy over employment policy: Low labor costs and openness, or demand policy? A sectoral analysis for Turkey," Department of Economics Working Papers wuwp097, Vienna University of Economics and Business, Department of Economics.
- Claudio Di Berardino & Giuseppe Mauro & Davide Quaglione & Alessandro Sarra, 2017. "Structural change and the sustainability of regional convergence: Evidence from the Italian regions," Environment and Planning C, , vol. 35(2), pages 289-311, March.
- Hayrettin KAPLAN & Feridun TUR, 2017. "Turkiye’de Ihracatin Sektor ve Pazar Cesitliligi Cercevesinde Yasadigi Yapisal Donusum," Ege Academic Review, Ege University Faculty of Economics and Administrative Sciences, vol. 17(1), pages 59-74.
- Ihsan Bozok & Bahar Sen Dogan & Caglar Yunculer, 2015. "Estimating Income and Price Elasticity of Turkish Exports with Heterogeneous Panel Time-Series Methods," Working Papers 1526, Research and Monetary Policy Department, Central Bank of the Republic of Turkey.
- Regolo, Julie, 2013. "Export diversification: How much does the choice of the trading partner matter?," Journal of International Economics, Elsevier, vol. 91(2), pages 329-342.
- ERLAT Guzin & ERLAT Haluk, 2010. "Intra-Industry Trade and Labour Market Adjustment in Turkey," EcoMod2003 330700049, EcoMod.
- Mélise Jaud & Madina Kukenova & Martin Strieborny, 2009.
"Financial dependence and intensive margin of trade,"
PSE Working Papers
halshs-00575005, HAL.
- Melise Jaud & Madina Kukenova & Martin Strieborny, 2021. "Financial Dependence and Intensive Margin of Trade," Working Papers 2021_14, Business School - Economics, University of Glasgow.
- Mélise Jaud & Madina Kukenova & Martin Strieborny, 2009. "Financial dependence and intensive margin of trade," Working Papers halshs-00575005, HAL.
- Yu Ri Kim, 2019. "Does aid for trade diversify the export structure of recipient countries?," The World Economy, Wiley Blackwell, vol. 42(9), pages 2684-2722, September.
- Bin Qiu & Kuntal K. Das & W. Robert Reed, 2020.
"The Effect of Exchange Rates on Chinese Trade: A Dual Margin Approach,"
Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 56(15), pages 3709-3731, December.
- Bin Qiu & Kuntal K. Das & W. Robert Reed, 2016. "The Effect of Exchange Rates on Chinese Trade: A Dual Margin Approach," Working Papers in Economics 16/17, University of Canterbury, Department of Economics and Finance.
- Bin Qiu & Kuntal K. Das & W. Robert Reed, 2018. "The Effect of Exchange Rates on Chinese Trade: A Dual Margin Approach," Working Papers in Economics 18/14, University of Canterbury, Department of Economics and Finance.
- Pamfili Antipa & Marie-Elisabeth de la Serve, 2010. "International Comparisons of Industry-based Productivity Levels in the Financial and Business Service Sectors," International Productivity Monitor, Centre for the Study of Living Standards, vol. 19, pages 66-81, Spring.
- Mélise Jaud & Olivier Cadot & Akiko Suwa-Eisenmann, 2013.
"Do food scares explain supplier concentration? An analysis of EU agri-food imports,"
European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 40(5), pages 873-890, December.
- Mélise Jaud & Olivier Cadot & Akiko Suwa-Eisenmann, 2009. "Do food scares explain supplier concentration ? An analysis of EU agri-food imports," PSE - G-MOND WORKING PAPERS halshs-00967423, HAL.
- Mélise Jaud & Olivier Cadot & Akiko Suwa-Eisenmann, 2013. "Do food scares explain supplier concentration? An analysis of EU agri-food imports," PSE-Ecole d'économie de Paris (Postprint) halshs-00879811, HAL.
- Mélise Jaud & Olivier Cadot & Akiko Suwa-Eisenmann, 2013. "Do food scares explain supplier concentration? An analysis of EU agri-food imports," Post-Print halshs-00879811, HAL.
- Mélise Jaud & Olivier Cadot & Akiko Suwa-Eisenmann, 2009. "Do food scares explain supplier concentration? An analysis of EU agri-food imports," PSE Working Papers halshs-00574963, HAL.
- Jaud, Mélise & Cadot, Olivier & Suwa-Eisenmann, Akiko, 2010. "Do Food Scares Explain Supplier Concentration? An Analysis of EU Agri-food Imports," CEPREMAP Working Papers (Docweb) 1015, CEPREMAP.
- Mélise Jaud & Olivier Cadot & Akiko Suwa-Eisenmann, 2009. "Do food scares explain supplier concentration? An analysis of EU agri-food imports," Working Papers halshs-00574963, HAL.
- Suwa-Eisenmann, Akiko & Cadot, Olivier & Jaud, Melise, 2009. "Do Food Scares Explain Supplier Concentration? An Analysis of EU Agri-food Imports," CEPR Discussion Papers 7431, C.E.P.R. Discussion Papers.
- Mélise Jaud & Olivier Cadot & Akiko Suwa-Eisenmann, 2009. "Do food scares explain supplier concentration ? An analysis of EU agri-food imports," Working Papers halshs-00967423, HAL.
- Ricardo Arguello, 2017.
"Trade diversification in Colombia, 1991-2011,"
Revista Cuadernos de Economia, Universidad Nacional de Colombia, FCE, CID, vol. 36(71), pages 345-378, July.
- Ricardo Arguello, 2013. "Trade diversification in Colombia, 1991-2011," Borradores de Investigación 11019, Universidad del Rosario.
- Ricardo Arguello, 2013. "Trade diversification in Colombia, 1991-2011," Documentos de Trabajo 11016, Universidad del Rosario.
- Bourdet, Yves & Persson, Maria, 2011.
"Reaping the Benefits of Deeper Euro-Med Integration Through Trade Facilitation,"
Working Paper Series
881, Research Institute of Industrial Economics.
- Bourdet, Yves & Persson, Maria, 2011. "Reaping the Benefits of Deeper Euro-Med Integration Through Trade Facilitation," Working Papers 2011:15, Lund University, Department of Economics.
- Soumendra Nath Banerjee & Boishampayan Chatterjee, 2015. "European Union: Characterising India’s Exports to the U.S.: The Post Liberalisation Dynamics," Global Economic Observer, "Nicolae Titulescu" University of Bucharest, Faculty of Economic Sciences;Institute for World Economy of the Romanian Academy, vol. 3(1), pages 10-20, May.
- František Střeleček & Radek Zdeněk & Jana Lososová, 2010. "Vývoj zaměstnanosti v znevýhodněných oblastech v letech 2002-2006 [Development of Employment in Less Favoured Areas in 2002-2006]," Politická ekonomie, Prague University of Economics and Business, vol. 2010(6), pages 761-773.
- Aye Mengistu, Alemu, 2009. "Determinants of Vertical and Horizontal Export Diversification: Evidences from Sub-Saharan Africa and East Asia," Ethiopian Journal of Economics, Ethiopian Economics Association, vol. 17(2), pages 107-107, August.
- Harrison, Ann & Rodríguez-Clare, Andrés, 2010.
"Trade, Foreign Investment, and Industrial Policy for Developing Countries,"
Handbook of Development Economics, in: Dani Rodrik & Mark Rosenzweig (ed.), Handbook of Development Economics, edition 1, volume 5, chapter 0, pages 4039-4214,
Elsevier.
- Ann Harrison & Andrés Rodríguez-Clare, 2009. "Trade, Foreign Investment, and Industrial Policy for Developing Countries," NBER Working Papers 15261, National Bureau of Economic Research, Inc.
- Ferto, Imre, 2018. "Extensive and intensive margins of agri-food trade in the EU," 92nd Annual Conference, April 16-18, 2018, Warwick University, Coventry, UK 273496, Agricultural Economics Society.
More about this item
Keywords
İhracat Artışı; Dış Talep Göstergesi; Pazar Kompozisyonu; Pazar Çeşitliliği.;All these keywords.
JEL classification:
- F10 - International Economics - - Trade - - - General
Statistics
Access and download statisticsCorrections
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:eyd:eyjrnl:v:24:y:2013:i:86:p:29-53. 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: Ozan Eruygur (email available below). General contact details of provider: http://www.ekonomikyaklasim.org .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.