THE CHANGE OF THE COMPETITIVE POWER OF TURKEY’S IRON AND STEEL INDUSTRY FOR THE PERIOD OF 1989-2016
TÜRKİYE’NİN DEMİR-ÇELİK ENDÜSTRİSİNİN REKABET GÜCÜNÜN DEĞİŞİMİ (1989-2016)

Author : Oğuzhan TÜRKER
Number of pages : 54-77

Abstract

Iron and steel industry is an important sector which both have the characteristics of locomotive and provides some inputs to sectors like construction, otomotive and machine. The aim of this paper is to present the change of the competitive power of iron and steel industry. The importance of this study is that there is not any study which examines the competitive power of these industries in Turkey. The change of the iron and steel industry’s competitive power of Turkey was examined in regards of iron and steel product group which are in SITC classification. In this analysis, Revealed Comparative Advantage method was used to measure the competitive power for the period of 1989-2016. Two important results have been found from the analyses. First, Turkey’s iron and steel industry has comparative advantage for all years during the analysis period. Second, although the iron and steel industry’s competitive power index value was higher for previous years, it decreased recently.

Keywords

Iron and steel industry, revealed comparative advantage, competitive power, steel export, steel impo

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