Importance of Energy for Industries and Role of the Energy Sector in Turkey’s Economy

Topcuoğlu, Abdullah; Oral, I. Orkun

doi:10.1007/978-3-030-43578-3_3

Cited by 3 publications

(2 citation statements)

References 20 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Moreover, Aydoğuş et al (2015 revealed the high import dependency of the Turkish manufacturing industry and highlighted that import dependency in Turkey is mainly due to raw material imports, mostly fuels, and Aydoğuş et al (2018) affirmed the high dependence on intermediate imports, implying a higher pass-through 4 . Finally, Topçuoğlu and Oral (2020) underlined the energy sector as the key sector by using I-O analysis.…”

Section: Literature Reviewmentioning

confidence: 99%

“…As a matter of fact, both the dependency on imported energy in Turkey and the import dependency of the Turkish manufacturing industry have been of significant interest to researchers for several reasons mentioned above. Among these, Topçuoğlu and Oral (2020) underlined Turkey's dependency on foreign energy and revealed the energy sector as the key sector by Input-Output analysis (hereafter I-O analysis). Besides Sözen, 2009;Demir, 2013;Sözen and İskender, 2014;Yılmaz et al, 2015;Katırcıoğlu et al, 2017 analyzed the imported energy dependency in Turkey using other techniques like the cointegration test, error correction model, data envelopment, vector autoregression analysis (VAR), band artificial neural network (ANN).…”

Section: Introductionmentioning

confidence: 99%

See 1 more Smart Citation

Dependency on Imported Energy in Turkey: Input- Output Analysis

ERKÖK

Kutuk

2023

Marmara Üniversitesi İktisadi Ve İdari Bilimler Dergisi

View full text Add to dashboard Cite

The main goal of this paper is to reveal the extent of the import dependency on electricity, gas, steam, and air conditioning supply (EGSA), the basic component of energy, in Turkey. Such that growing industrialization in Turkey has expanded the need for energy since many sectors use energy as input to produce output. However, Turkey’s domestic production fails to meet the energy demand. For this reason, Turkey meets approximately 75 percent of its energy needs through imports, leading to an increase in the current account deficit. Energy imports, approximately 20 percent of total imports, have become the primary component of the current account deficit, exposing the Turkish economy to instabilities in global gas and oil prices and several additional risks. In this context, we analyzed the extent of the dependency on energy by the input-output tables of 2002 and 2012. The results underline that as production increases, energy imports increase, and the economic leakage generated by the rise in demand for energy increases. This creates a significant obstacle to the development of the Turkish economy. Hence, existing policies for domestic energy production need to be strengthened for sustainable development goals and to decrease the high current account deficit in Turkey.

show abstract

Section: Literature Reviewmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Dependency on Imported Energy in Turkey: Input- Output Analysis

ERKÖK

Kutuk

2023

Marmara Üniversitesi İktisadi Ve İdari Bilimler Dergisi

View full text Add to dashboard Cite

show abstract

The Collective Sectoral Multipliers of the European Union

TOPCUOĞLU

ERGİN

2022

Abant Sosyal Bilimler Dergisi

Self Cite

View full text Add to dashboard Cite

Bu çalışmada Avrupa Birliği yekpare bir devlet olsaydı, hangi sektörlerin Üretim, İstihdam ve Gelir Çarpanları öne çıkardı sorusuna cevap aranmaktadır. Bu bağlamda tüm AB ülkelerinin en güncel verilerine sahip olduğu için World Input Output Database (WIOD; Timmer vd., 2015:575)’de yer alan 2014 yılı Girdi-Çıktı tabloları kullanılmıştır. Çalışma kapsamında AB’yi tek bir ülke halinde inceleyebilmek adına AB ülkelerinin her birine ait olan girdi-çıktı tabloları toplulaştırılmıştır. Toplulaştırma sonucunda elde edilen kümülatif girdi-çıktı tablosu ve 28 ülkenin her birine ait olan girdi-çıktı tabloları yani 29 girdi-çıktı tablosu tek tek analiz edilmiş ve bulunan sonuçlar birbiriyle karşılaştırılmıştır. Böylelikle üye ülkeler ile kolektif AB ekonomisi arasındaki farklı ve benzer yönler, çarpan analizine göre belirlenmiştir.

show abstract

Current Account Deficit and Automotive Sector Nexus in Turkey: An Input-Output Analysis

Erkök

2021

Sosyoekonomi

View full text Add to dashboard Cite

The automotive sector plays a significant role in the Turkish economy in creating relatively high added value and employment and accelerating the country's global trade share. The sector is so substantial that it has become the leader in Turkish exports in the last decade. There are plenty of papers in the literature regarding the automotive sector and economic growth nexus and implementing various methods. Still, hardly any studies focus merely on the current account deficits the sector generates, incorporating an input-output analysis. This paper examines the automotive sector and current account deficit nexus through input-output analysis. The results highlight that the automotive sector is highly dependent on imports.

show abstract

Importance of Energy for Industries and Role of the Energy Sector in Turkey’s Economy

Cited by 3 publications

References 20 publications

Dependency on Imported Energy in Turkey: Input- Output Analysis

Dependency on Imported Energy in Turkey: Input- Output Analysis

The Collective Sectoral Multipliers of the European Union

Current Account Deficit and Automotive Sector Nexus in Turkey: An Input-Output Analysis

Contact Info

Product

Resources

About