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COMPARISON OF TURKISH CHEMICAL INDUSTRY WITH BRIC COUNTRIES ON THE BASIS OF REVEALED COMPARATIVE ADVANTAGES

Year 2016, Sayı 24 (2016), 40 - 59, 29.04.2016

Abstract

The chemical industry provides input for all of investments and industries of consumables within a wide spectrum from automotive to textile, communication technology to manufacture of machines, iron and steel to packing, and produces very important raw materials, intermediate products and consumables globally for both individual end-users and for other industries. Within this context, countries that seek to enhance their international competitiveness have to develop their chemical industries.

This study aims to calculate and analyse the Balassa’s Revealed Comparative Advantages (RCA) by making use of figures concerning imports of chemicals and certain products under Section 5 consisting of 9 divisions in two digits on the basis of STIC (Standard International Trade Classification) Rev. 4 for the period of 2007-2014 for the comparison of the competitiveness of chemical industries of Turkey with the BRIC (Brazil, Russia, India and China) countries’ in the world.

Based on findings, RCA index values of chemical industries of India, Russia and China and Turkey are higher than 1 where India’s chemical industry is reviewed under three divisions; Russian and China, each, under two divisions, and Turkey under three divisions of the section 5; and RCA index value of the Chemical Industry of Brazil is calculated as less than 1 for all divisions.

References

  • Baltacı, A., Burgazoğlu, H. ve Kılıç, S., (2012), “Türkiye’nin Rekabetçi Sektörleri ve Trakya Bölgesi’nin Payı” Çankırı Karatekin Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, C.2, S.1, pp. 1-19.

COMPARISON OF TURKISH CHEMICAL INDUSTRY WITH BRIC COUNTRIES ON THE BASIS OF REVEALED COMPARATIVE ADVANTAGES

Year 2016, Sayı 24 (2016), 40 - 59, 29.04.2016

Abstract

The chemical industry provides input for all of investments and industries of consumables within a wide spectrum from automotive to textile, communication technology to manufacture of machines, iron and steel to packing, and produces very important raw materials, intermediate products and consumables globally for both individual end-users and for other industries. Within this context, countries that seek to enhance their international competitiveness have to develop their chemical industries.

This study aims to calculate and analyse the Balassa’s Revealed Comparative Advantages (RCA) by making use of figures concerning imports of chemicals and certain products under Section 5 consisting of 9 divisions in two digits on the basis of STIC (Standard International Trade Classification) Rev. 4 for the period of 2007-2014 for the comparison of the competitiveness of chemical industries of Turkey with the BRIC (Brazil, Russia, India and China) countries’ in the world.

Based on findings, RCA index values of chemical industries of India, Russia and China and Turkey are higher than 1 where India’s chemical industry is reviewed under three divisions; Russian and China, each, under two divisions, and Turkey under three divisions of the section 5; and RCA index value of the Chemical Industry of Brazil is calculated as less than 1 for all divisions.

References

  • Baltacı, A., Burgazoğlu, H. ve Kılıç, S., (2012), “Türkiye’nin Rekabetçi Sektörleri ve Trakya Bölgesi’nin Payı” Çankırı Karatekin Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, C.2, S.1, pp. 1-19.
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Details

Journal Section Makaleler
Authors

Elife Akiş

Murat Çetin

Publication Date April 29, 2016
Published in Issue Year 2016 Sayı 24 (2016)

Cite

APA Akiş, E., & Çetin, M. (2016). COMPARISON OF TURKISH CHEMICAL INDUSTRY WITH BRIC COUNTRIES ON THE BASIS OF REVEALED COMPARATIVE ADVANTAGES. Istanbul University Econometrics and Statistics E-Journal(24), 40-59.
AMA Akiş E, Çetin M. COMPARISON OF TURKISH CHEMICAL INDUSTRY WITH BRIC COUNTRIES ON THE BASIS OF REVEALED COMPARATIVE ADVANTAGES. Istanbul University Econometrics and Statistics e-Journal. April 2016;(24):40-59.
Chicago Akiş, Elife, and Murat Çetin. “COMPARISON OF TURKISH CHEMICAL INDUSTRY WITH BRIC COUNTRIES ON THE BASIS OF REVEALED COMPARATIVE ADVANTAGES”. Istanbul University Econometrics and Statistics E-Journal, no. 24 (April 2016): 40-59.
EndNote Akiş E, Çetin M (April 1, 2016) COMPARISON OF TURKISH CHEMICAL INDUSTRY WITH BRIC COUNTRIES ON THE BASIS OF REVEALED COMPARATIVE ADVANTAGES. Istanbul University Econometrics and Statistics e-Journal 24 40–59.
IEEE E. Akiş and M. Çetin, “COMPARISON OF TURKISH CHEMICAL INDUSTRY WITH BRIC COUNTRIES ON THE BASIS OF REVEALED COMPARATIVE ADVANTAGES”, Istanbul University Econometrics and Statistics e-Journal, no. 24, pp. 40–59, April 2016.
ISNAD Akiş, Elife - Çetin, Murat. “COMPARISON OF TURKISH CHEMICAL INDUSTRY WITH BRIC COUNTRIES ON THE BASIS OF REVEALED COMPARATIVE ADVANTAGES”. Istanbul University Econometrics and Statistics e-Journal 24 (April 2016), 40-59.
JAMA Akiş E, Çetin M. COMPARISON OF TURKISH CHEMICAL INDUSTRY WITH BRIC COUNTRIES ON THE BASIS OF REVEALED COMPARATIVE ADVANTAGES. Istanbul University Econometrics and Statistics e-Journal. 2016;:40–59.
MLA Akiş, Elife and Murat Çetin. “COMPARISON OF TURKISH CHEMICAL INDUSTRY WITH BRIC COUNTRIES ON THE BASIS OF REVEALED COMPARATIVE ADVANTAGES”. Istanbul University Econometrics and Statistics E-Journal, no. 24, 2016, pp. 40-59.
Vancouver Akiş E, Çetin M. COMPARISON OF TURKISH CHEMICAL INDUSTRY WITH BRIC COUNTRIES ON THE BASIS OF REVEALED COMPARATIVE ADVANTAGES. Istanbul University Econometrics and Statistics e-Journal. 2016(24):40-59.