Globalizing production structure and intra-industry trade: The case of Turkey
| Autor: | TOPCU, Betül Altay, ERKEKOĞLU, Hatice, Kilavuz, Emine |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2013 |
| Předmět: |
Turkey
Global Production Process Horizontal and Vertical Intra-Industry Trade High and Low Quality Intra-Industry Trade lcsh:HB71-74 turkey lcsh:Economics as a science Turkey Global Production Process Horizontal and Vertical Intra-Industry Trade High and Low Quality Intra-Industry Trade horizontal and vertical intra-industry trade high and low quality intra-industry trade global production process lcsh:Business lcsh:HF5001-6182 jel:F13 jel:F14 |
| Zdroj: | International Journal of Economics and Financial Issues, Vol 3, Iss 4, Pp 799-812 (2013) Volume: 3, Issue: 4 799-812 International Journal of Economics and Financial Issues |
| ISSN: | 2146-4138 |
| Popis: | Globalization and increased competition have forced countries to pursue morecompetitive policies. Today's commodities are not homogeneous and also they cannot be produced ina single country or region. It is essential for countries to focus on products which have high addedvalue or to optimize their natural resources in the most effective areas. In this study, intra-industrytrade rates were calculated for sectors which constitute 60% of Turkey's overall export volume for the1990-2011 period. Furthermore, vertical and horizontal intra-industry trade rates were measured andcompared with Turkey’s trading partners. It was concluded that the best-exporting sectors did notappear to have high intra-industry trade values and they tended to provide lower quality products intothe global production process. In other words, Turkey is the part of the global production processwithin the framework of comparative advantage based on factor endowments.Keywords: Turkey; Global Production Process; Horizontal and Vertical Intra-Industry Trade; Highand Low Quality Intra-Industry Trade |
| Databáze: | OpenAIRE |
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