Micro Dynamics of Turkey's Export Boom in the 2000s
This paper examines the microeconomics behind the dramatic export boom experienced by Turkey during the 2000s. Using disaggregated customs data covering the universe of export transactions for Turkey during the period 2002-2011, it characterizes fi...
| Main Authors: | , |
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| Format: | Policy Research Working Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2013
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2013/05/17734121/micro-dynamics-turkeys-export-boom-2000s http://hdl.handle.net/10986/15591 |
| Summary: | This paper examines the microeconomics
behind the dramatic export boom experienced by Turkey during
the 2000s. Using disaggregated customs data covering the
universe of export transactions for Turkey during the period
2002-2011, it characterizes firm-level dynamics in the
export sector and decomposes export growth at the aggregate,
sector, and destination market levels to identify the role
of firm turnover, destination turnover, and product
turnover. The paper shows that in the short-run, aggregate
export growth is dominated by growth in continuous
exporters, and for these, growth is dominated by exports to
their continued destinations and of their continued
products. However, the observed high degree of churning
across firms, destinations, and products accounts in the
long run for a substantial part of Turkey's export
growth. The patterns of micro-dynamics of export growth are
verified across sectors and across groups of destination
markets with some exceptions regarding exports to new
emerging markets where net entry by Turkish-based exporters
plays a more critical role for long-run growth. |
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