Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/297925 
Year of Publication: 
2020
Citation: 
[Journal:] Central Bank Review (CBR) [ISSN:] 1303-0701 [Volume:] 20 [Issue:] 4 [Year:] 2020 [Pages:] 155-168
Publisher: 
Elsevier, Amsterdam
Abstract: 
This study investigates the evolution of the import content of production and exports in Turkey for the 2002-2018 period. Based on 2002 and 2012 input-output tables and a large data set of production and foreign trade, we estimate the production and imported input use for 20 sectors, mainly from the manufacturing industry. We calculate import requirement ratios, comprising both direct and indirect effects, for each sector using the Leontief inverse matrix. Our findings indicate that import dependency increases for exports, but stays relatively stable for production over time. In general, the import content of production is lower than that of exports. This difference is mainly attributable to the services sector, which has low import dependency, yet a large share in production. Sectors with the highest import requirements are those with higher capital and technology intensity, such as petroleum products, basic metals, and motor vehicles. Agriculture, forestry and fishery; services and mining sectors have the lowest import requirements.
Subjects: 
Import content
Import dependency
Input-output tables
Turkey
JEL: 
C67
D57
F14
L60
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Article

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