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...

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Main Authors:	Cebeci, Tolga, Fernandes, Ana M.
Format:	Policy Research Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2013
Subjects:	ACCOUNTING AGGREGATE EXPORTS AGRICULTURE ANNUAL GROWTH AVERAGE TRADE BANK POLICY BENCHMARKING CLOTHING EXPORTS COMPETITIVENESS CONSTANT VALUES CURRENCY CURRENCY PEG CUSTOMS UNION DEPENDENT VARIABLE DEVELOPMENT POLICY ECONOMIC SIZE EMERGING ECONOMIES EMERGING MARKET EMERGING MARKETS EXCHANGE RATE EXCHANGE RATE MOVEMENTS EXCHANGE RATES EXPORT DYNAMICS EXPORT FLOWS EXPORT GROWTH EXPORT MARKET EXPORT MARKETS EXPORT OPPORTUNITIES EXPORT PERFORMANCE EXPORT SECTOR EXPORT VALUE EXPORT VOLUMES EXPORTER EXPORTERS EXPORTS FINANCIAL CRISIS FINANCIAL SUPPORT FOREIGN MARKETS FREE TRADE FREE TRADE AREA FUTURE RESEARCH GDP GLOBAL DEMAND GLOBAL TRADE GROWTH PERFORMANCE GROWTH RATE GROWTH RATES IMPACT OF TRADE INCOME LEVEL INTERNATIONAL BANK INTERNATIONAL ECONOMICS INTERNATIONAL TRADE MACROECONOMIC CONDITIONS MARKET LEVELS MERCHANDISE MICRO DATA NET EXPORTER OPEN ECONOMY OPENNESS POVERTY REDUCTION PRICE INDEX PRODUCTS EXPORT QUOTAS RATE OF GROWTH REAL EXPORTS RECESSION REGIONAL MARKETS SUNK COSTS TOTAL EXPORT TOTAL EXPORTS TRADE COMPETITIVENESS TRADE COSTS TRADE FLOWS TRADE GROWTH TRADE PERFORMANCE TRADE POLICIES TRADE REGIME TRADE STATISTICS TRADE STRUCTURE TRADING TRADING PARTNERS TRANSACTION TRUST FUND TURNOVER UNCERTAINTY UNIT LABOR COSTS WAREHOUSES WORLD DEVELOPMENT INDICATORS WTO
Online Access:	http://documents.worldbank.org/curated/en/2013/05/17734121/micro-dynamics-turkeys-export-boom-2000s http://hdl.handle.net/10986/15591

id	okr-10986-15591
recordtype	oai_dc
spelling	okr-10986-155912021-04-23T14:03:19Z Micro Dynamics of Turkey's Export Boom in the 2000s Cebeci, Tolga Fernandes, Ana M. ACCOUNTING AGGREGATE EXPORTS AGRICULTURE ANNUAL GROWTH AVERAGE TRADE BANK POLICY BENCHMARKING CLOTHING EXPORTS COMPETITIVENESS CONSTANT VALUES CURRENCY CURRENCY PEG CUSTOMS UNION DEPENDENT VARIABLE DEVELOPMENT POLICY ECONOMIC SIZE EMERGING ECONOMIES EMERGING MARKET EMERGING MARKETS EXCHANGE RATE EXCHANGE RATE MOVEMENTS EXCHANGE RATES EXPORT DYNAMICS EXPORT FLOWS EXPORT GROWTH EXPORT MARKET EXPORT MARKETS EXPORT OPPORTUNITIES EXPORT PERFORMANCE EXPORT SECTOR EXPORT VALUE EXPORT VOLUMES EXPORTER EXPORTERS EXPORTS FINANCIAL CRISIS FINANCIAL SUPPORT FOREIGN MARKETS FREE TRADE FREE TRADE AREA FUTURE RESEARCH GDP GLOBAL DEMAND GLOBAL TRADE GROWTH PERFORMANCE GROWTH RATE GROWTH RATES IMPACT OF TRADE INCOME LEVEL INTERNATIONAL BANK INTERNATIONAL ECONOMICS INTERNATIONAL TRADE MACROECONOMIC CONDITIONS MARKET LEVELS MERCHANDISE MICRO DATA NET EXPORTER OPEN ECONOMY OPENNESS POVERTY REDUCTION PRICE INDEX PRODUCTS EXPORT QUOTAS RATE OF GROWTH REAL EXPORTS RECESSION REGIONAL MARKETS SUNK COSTS TOTAL EXPORT TOTAL EXPORTS TRADE COMPETITIVENESS TRADE COSTS TRADE FLOWS TRADE GROWTH TRADE PERFORMANCE TRADE POLICIES TRADE REGIME TRADE STATISTICS TRADE STRUCTURE TRADING TRADING PARTNERS TRANSACTION TRUST FUND TURNOVER UNCERTAINTY UNIT LABOR COSTS WAREHOUSES WORLD DEVELOPMENT INDICATORS WTO 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. 2013-09-04T18:07:45Z 2013-09-04T18:07:45Z 2013-05 http://documents.worldbank.org/curated/en/2013/05/17734121/micro-dynamics-turkeys-export-boom-2000s http://hdl.handle.net/10986/15591 English en_US Policy Research Working Paper;No. 6452 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research Europe and Central Asia Turkey
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	ACCOUNTING AGGREGATE EXPORTS AGRICULTURE ANNUAL GROWTH AVERAGE TRADE BANK POLICY BENCHMARKING CLOTHING EXPORTS COMPETITIVENESS CONSTANT VALUES CURRENCY CURRENCY PEG CUSTOMS UNION DEPENDENT VARIABLE DEVELOPMENT POLICY ECONOMIC SIZE EMERGING ECONOMIES EMERGING MARKET EMERGING MARKETS EXCHANGE RATE EXCHANGE RATE MOVEMENTS EXCHANGE RATES EXPORT DYNAMICS EXPORT FLOWS EXPORT GROWTH EXPORT MARKET EXPORT MARKETS EXPORT OPPORTUNITIES EXPORT PERFORMANCE EXPORT SECTOR EXPORT VALUE EXPORT VOLUMES EXPORTER EXPORTERS EXPORTS FINANCIAL CRISIS FINANCIAL SUPPORT FOREIGN MARKETS FREE TRADE FREE TRADE AREA FUTURE RESEARCH GDP GLOBAL DEMAND GLOBAL TRADE GROWTH PERFORMANCE GROWTH RATE GROWTH RATES IMPACT OF TRADE INCOME LEVEL INTERNATIONAL BANK INTERNATIONAL ECONOMICS INTERNATIONAL TRADE MACROECONOMIC CONDITIONS MARKET LEVELS MERCHANDISE MICRO DATA NET EXPORTER OPEN ECONOMY OPENNESS POVERTY REDUCTION PRICE INDEX PRODUCTS EXPORT QUOTAS RATE OF GROWTH REAL EXPORTS RECESSION REGIONAL MARKETS SUNK COSTS TOTAL EXPORT TOTAL EXPORTS TRADE COMPETITIVENESS TRADE COSTS TRADE FLOWS TRADE GROWTH TRADE PERFORMANCE TRADE POLICIES TRADE REGIME TRADE STATISTICS TRADE STRUCTURE TRADING TRADING PARTNERS TRANSACTION TRUST FUND TURNOVER UNCERTAINTY UNIT LABOR COSTS WAREHOUSES WORLD DEVELOPMENT INDICATORS WTO
spellingShingle	ACCOUNTING AGGREGATE EXPORTS AGRICULTURE ANNUAL GROWTH AVERAGE TRADE BANK POLICY BENCHMARKING CLOTHING EXPORTS COMPETITIVENESS CONSTANT VALUES CURRENCY CURRENCY PEG CUSTOMS UNION DEPENDENT VARIABLE DEVELOPMENT POLICY ECONOMIC SIZE EMERGING ECONOMIES EMERGING MARKET EMERGING MARKETS EXCHANGE RATE EXCHANGE RATE MOVEMENTS EXCHANGE RATES EXPORT DYNAMICS EXPORT FLOWS EXPORT GROWTH EXPORT MARKET EXPORT MARKETS EXPORT OPPORTUNITIES EXPORT PERFORMANCE EXPORT SECTOR EXPORT VALUE EXPORT VOLUMES EXPORTER EXPORTERS EXPORTS FINANCIAL CRISIS FINANCIAL SUPPORT FOREIGN MARKETS FREE TRADE FREE TRADE AREA FUTURE RESEARCH GDP GLOBAL DEMAND GLOBAL TRADE GROWTH PERFORMANCE GROWTH RATE GROWTH RATES IMPACT OF TRADE INCOME LEVEL INTERNATIONAL BANK INTERNATIONAL ECONOMICS INTERNATIONAL TRADE MACROECONOMIC CONDITIONS MARKET LEVELS MERCHANDISE MICRO DATA NET EXPORTER OPEN ECONOMY OPENNESS POVERTY REDUCTION PRICE INDEX PRODUCTS EXPORT QUOTAS RATE OF GROWTH REAL EXPORTS RECESSION REGIONAL MARKETS SUNK COSTS TOTAL EXPORT TOTAL EXPORTS TRADE COMPETITIVENESS TRADE COSTS TRADE FLOWS TRADE GROWTH TRADE PERFORMANCE TRADE POLICIES TRADE REGIME TRADE STATISTICS TRADE STRUCTURE TRADING TRADING PARTNERS TRANSACTION TRUST FUND TURNOVER UNCERTAINTY UNIT LABOR COSTS WAREHOUSES WORLD DEVELOPMENT INDICATORS WTO Cebeci, Tolga Fernandes, Ana M. Micro Dynamics of Turkey's Export Boom in the 2000s
geographic_facet	Europe and Central Asia Turkey
relation	Policy Research Working Paper;No. 6452
description	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.
format	Publications & Research :: Policy Research Working Paper
author	Cebeci, Tolga Fernandes, Ana M.
author_facet	Cebeci, Tolga Fernandes, Ana M.
author_sort	Cebeci, Tolga
title	Micro Dynamics of Turkey's Export Boom in the 2000s
title_short	Micro Dynamics of Turkey's Export Boom in the 2000s
title_full	Micro Dynamics of Turkey's Export Boom in the 2000s
title_fullStr	Micro Dynamics of Turkey's Export Boom in the 2000s
title_full_unstemmed	Micro Dynamics of Turkey's Export Boom in the 2000s
title_sort	micro dynamics of turkey's export boom in the 2000s
publisher	World Bank, Washington, DC
publishDate	2013
url	http://documents.worldbank.org/curated/en/2013/05/17734121/micro-dynamics-turkeys-export-boom-2000s http://hdl.handle.net/10986/15591
_version_	1764429510265012224

Micro Dynamics of Turkey's Export Boom in the 2000s

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