scholarly journals An Examination of the Relationship between Exports and Wages for Turkey

2013 ◽  
Author(s):  
Gürçem Oransay
Keyword(s):  
Income Distribution ◽  
Foreign Trade ◽  
Trade Liberalization ◽  
Manufacturing Industry ◽  
High Efficiency ◽  
Unit Root Test ◽  
Full Compliance ◽  
Turkish Economy ◽  
Negative Affects ◽  
Cost Competitiveness

In this study the together with increasing foregin trade after trade liberalization, affects of changing income distribution on wages has been discussed. Assuming wages as an issue of income distribution, it continues with foregin trade theories which are related to foreign trade and affect of export on wages in particular. The developments such as effective markets after trade liberalization, high efficiency and removal of barriers in front of international trade increase cost competitiveness and wage levels change. It is still discussed whether foreign trade has positive or negative affects on wages but it can be claimed that differences of opinion vary depending on economical structures and trade volumes of countries. Using a model which has been supplied from both theoretical and practical literature, this research will try to find out affects of export and openness on wages using unit root test, cointegration techniques and error correction mechanism on Turkish economy during the period of 1988:Q1-2010:Q4. Affects of both export and openness on wages has been studied seperately for sub sectors of Turkish Manufacturing Industry. Although there is not a full compliance in all sectors which are studied in all models within periods examined, it has been found out that export and openness create a negative affect on wages.

Trade Liberalization and Income Distribution in Vietnam: Dynamic CGE Approach*

2020 ◽  
Vol 34 (4) ◽  
pp. 404-429 ◽  
Author(s):  
Manh Toan Nguyen ◽  
Tung Lam Dang ◽  
Thi Hong Hanh Huynh
Keyword(s):  
Income Distribution ◽  
Trade Liberalization ◽  
Dynamic Cge

Foreign Trade of Russia: Barometer Foretells Storm

2016 ◽  
Vol 60 (2) ◽  
pp. 15-25
Author(s):  
V. Obolenskiy
Keyword(s):  
Foreign Trade ◽  
Large Scale ◽  
Manufacturing Industry ◽  
Import Substitution ◽  
Developed Countries ◽  
Scale Production ◽  
Goods And Services ◽  
Effective System ◽  
The Government ◽  
The Developed Countries

The development of Russian foreign trade during the previous five years is analyzed. It is stated that, in terms of value, exports of services and imports of goods and services steadily grew during the first four years of the period under review. Exports of goods also rose during three years, but in 2014 both exports and imports again fell in comparison with the previous year as was the case five years ago. The composition of the Russian exports and imports of goods did not change radically during the previous years. The main items of export are, as always, mineral products, metals and fertilizers. Import is prevailed by foodstuffs, chemicals and heavy engineering equipment. The current situation is featured by the reduction of world oil prices, slump of the domestic economy and war of sanctions with the Western countries. All this substantially impairs the conditions of Russia’s foreign trade activities and inhibits its development in the upcoming years. In the author’s view, the implementation of measures worked out by the government – correction of tariff liabilities before the WTO, redirecting of trade streams from the European to the Asian markets, import substitution and export support – will unlikely improve the situation. Revision of the liabilities before the WTO in the conditions of the decrease of the internal demand and serious devaluation of Ruble is considered as inappropriate and counterproductive. “Asiatic turn” is only capable to compensate to a certain respect the loss of supplies of some food products from Europe, but cannot fully offset the loss of potentialities of the acquisition of modern technologies and equipment from the developed countries. It is doubtful that it will be possible to dramatically cut the import dependence. It is necessary to replace many kinds of foreign goods, but it is impossible to implement a frontal substitution of import in all directions. Excessive stress on the import substitution might lead to the emergence of shortages and poorer availability of some goods at the internal market and, at the worst, to self-isolation and economic autarky. The attempts to build up an effective system of export support might be successful only in the conditions of the establishment of the large-scale production of goods and services which would be comparable with the foreign analogues in respect to the criteria of price and quality. Taking this into consideration the technological renovation of production processes, first of all in the manufacturing industry, and on this basis rising up of the competitiveness of plants and factories are the most important prerequisites for encouraging export activities and formation of the new export specialization of the country.

Nondestructive Evaluation Method of Average Grain Size in TWIP Steel by Laser Ultrasonic

2018 ◽  
Vol 913 ◽  
pp. 324-330
Author(s):  
Yan Jie Zhang ◽  
Xiao Chen Wang ◽  
Quan Yang ◽  
Ren Jie Xue ◽  
An Min Yin
Keyword(s):  
Grain Size ◽  
Manufacturing Industry ◽  
Evaluation Method ◽  
High Efficiency ◽  
Standard Sample ◽  
Twip Steel ◽  
Test Sample ◽  
Standard Samples ◽  
Laser Ultrasonic ◽  
Average Grain Size

TWIP steel has the characteristics of high elongation and high tensile strength at room temperature, and therefore it is widely used in the automobile manufacturing industry. Since the grain size has a very important influence on its mechanical properties and corrosion resistance it is significant to study the average grain size of TWIP steel. In this experiment, the specimens were heated to 700~1000°C and preserved for one hour, and the recrystallized structures with different average grain sizes were obtained. All the samples were tested by laser ultrasonic experimental platform and the standard sample was selected. Then the attenuation coefficients of remaining samples were compared with the standard samples by conventional methods. The results showed that the larger the difference between the average grain size of the test sample and the standard sample is, the greater the error of the test will be. The new evaluation model was established by the improved method, and the prediction error was reduced to 5.44~11.61%, which proved the effectiveness of the new method. In addition, laser ultrasonic testing has the advantages of high efficiency and no damage compared with traditional methods.

scholarly journals The intersectoral linkage effects in Turkish economy: an application of static Leontief model

2009 ◽  
Vol 56 (3) ◽  
pp. 301-326
Author(s):  
Yay Gürkan ◽  
Serkan Keçeli
Keyword(s):  
Extraction Method ◽  
Manufacturing Industry ◽  
Value Added ◽  
The Other ◽  
Input Output ◽  
General Equilibrium Theory ◽  
Traditional Methods ◽  
Turkish Economy ◽  
Leontief Model ◽  
Linkage Effects

In this study, the leading activities of Turkish Economy whose changes in their structure of production, value-added and employment are interrelated with the other activities of the economy, are found by using the input-output model which is presented and called as an 'Application of the General Equilibrium Theory' by Leontief. For this purpose; firstly theoretical foundations of the input-output model are examined. After that, 59 activities of the 2002 Input-Output Table of the Turkish Economy are aggregated at 52 sectors and classified into three categories as Ricardo Sectors, High-Technology Sectors and Heckscher-Ohlin Sectors like Dasgupta and Chakraborty did for the Indian Economy in 2005. Then, the leading, key or strong activities of the economy that are more interrelated with other activities are calculated and found by the Static Leontief Model which is used by the Traditional Methods as the techniques to calculate the linkage effects like Chenery-Watanabe and Rasmussen methods to determine the sectors having the highest priority at investment policies according to the Hirschmanian Unbalanced Growth Model. As a result of the interpretation of Leontief Model, using the traditional methods of Chenery-Watanabe and Rasmussen while calculating the linkage effects rather than the hypothesis extraction methods like Strassert's Original Extraction Method, Cella's Extraction Method, Sonis' Pure Linkage Method and Dietzenbacher and Van der Linden's Method or a SAM (Social Accounting Method) model which does not omit the income generating process (distributing income among primary factors and households as a result of production) of a sector, in Turkey, the Heckscher-Ohlin Sectors mostly seen in the manufacturing industry which Kaldor refers as the engine of growth, are stronger than the other sectors.

scholarly journals CRECIMIENTO ECONÓMICO Y DESIGUALDAD EN ASIA, EUROPA Y AMÉRICA LATINA, 1990-2019

2020 ◽  
Vol 80 (315) ◽  
pp. 59
Author(s):  
Verónica Cerezo García ◽  
Heri Oscar Landa Díaz
Keyword(s):  
Economic Growth ◽  
Latin America ◽  
Income Distribution ◽  
Trade Liberalization ◽  
Latin American ◽  
Free Market ◽  
Exogenous Shock ◽  
America Latina ◽  
The Relationship ◽  
Sample Set

<p>El objetivo de este trabajo es analizar el efecto de la liberalización comercial sobre la productividad, la distribución del ingreso y el crecimiento económico, además de examinar la capacidad de absorción que este proceso ha concedido a los países ante choques externos, como el Covid-19. Empíricamente, tomamos pie en la taxonomía de crecimiento y desigualdad de Fajnzylber (1990) y en un modelo panel para evaluar esta relación en Asia, América Latina y Europa durante el periodo 1990-2019. Los principales resultados muestran: 1) co-movimiento entre crecimiento y equidad en Asia, mientras que en América Latina hay rezagos significativos, y 2) la productividad y la competitividad no precio constituyen el factor dinamizante en Asia y Europa.</p><p align="center"><strong> </strong></p><p align="center">ECONOMIC GROWTH AND INEQUALITY IN ASIA, EUROPE, AND LATIN AMERICA, 1990-2019</p><p align="center"><strong>ABSTRACT</strong></p><p>The paper’s aim is to analyse the effect of trade liberalization on productivity, income distribution and economic growth. The ability of a free-market oriented economy to fence off an exogenous shock such as the Covid-19 pandemic is also dealt with. Following Fajnzylber’s (1990) taxonomy of growth and inequality, we assess the relationship between trade liberalisation, growth and income distribution for a sample set of Asian, Latin American, and European countries over the period 1990-2019. Our main empirical results show that there exist: 1) a co-movement between growth and equality in Asia, but significant lags in both respects prevail in Latin America; 2) productivity and non-price competitiveness are the dynamizing factors in both Asia and Europe</p>

scholarly journals Brexit as a Factor behind the Evolution of ASEAN’s Trade in Services with the United Kingdom

2020 ◽  
pp. 310-326
Author(s):  
E.A. Galchenko ◽  
Keyword(s):  
United Kingdom ◽  
Foreign Trade ◽  
European Integration ◽  
Trade Liberalization ◽  
Global Economy ◽  
Trade Agreement ◽  
Economic Cooperation ◽  
Southeast Asian ◽  
Trade In Services ◽  
The United Kingdom

The article examines the current transformation of ASEAN−UK foreign economic cooperation pattern in the context of digitalization of the global economy. Brexit as a manifestation of the European integration crisis has catalyzed diversification of Britain’s foreign trade in services. Southeast Asian nations are becoming the UK’s priority partner in this area. In these circumstances, parties have to choose the model of their future trade agreement and the degree of trade liberalization.

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