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Unravelling the Structure of Turkish Exports: Impediments and Policy

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  • Guncavdi, Oner
  • Kayam, Saime Suna

Abstract

In this study we reveal the structure of exports in an emerging economy, Turkey, to shed light on the impediments not only this country but also other developing countries might face in pursuit of increasing exports to tackle their current account problems. We employ panel data econometrics for estimating exports, labour and imports market specifications simultaneously to address endogeneity issues. The data covers 13 manufacturing industry sectors, 25 main export markets over the period 2000-2011. Our findings reveal that unlike conventional assumptions, export supply is not infinitely elastic, and the supply side of the market plays a critical role in reviving export earnings in Turkey.

Suggested Citation

  • Guncavdi, Oner & Kayam, Saime Suna, 2016. "Unravelling the Structure of Turkish Exports: Impediments and Policy," MPRA Paper 73890, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:73890
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    Cited by:

    1. Thorbecke, Willem & Sengonul, Ahmet, 2023. "The impact of exchange rates on Turkish imports and exports," International Economics, Elsevier, vol. 174(C), pages 231-249.
    2. Günçavdı, Öner & Ülengin, Burç, 2017. "Tradable and non-tradable expenditure and aggregate demand for imports in an emerging market economy," Economic Systems, Elsevier, vol. 41(3), pages 445-455.
    3. Esteves, Paulo Soares & Prades, Elvira, 2018. "Does export concentration matter in economic adjustment programs? Evidence from the euro-area," Journal of Policy Modeling, Elsevier, vol. 40(2), pages 225-241.

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    More about this item

    Keywords

    Export demand and supply; exchange rate policy; Turkey;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
    • O24 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Trade Policy; Factor Movement; Foreign Exchange Policy

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