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İHRACAT ARTIŞININ VE EKONOMİK BÜYÜMENİN SAĞLANMASINA YÖNELİK OLARAK İHRACATTA TEDARİKÇİ KREDİ RİSKİNİN SİGORTALANMASI

Year 2018, Volume: 5 Issue: 4, 359 - 372, 30.12.2018
https://doi.org/10.17261/Pressacademia.2018.1003

Abstract

Amaç- Bu çalışmada amaçlanan gerek ülkemizde gerekse yurtdışında sigortalanmış kredili ticaretin dış ticaret üzerindeki etkisinin

araştırılması ve konunun önemi üzerinde farkındalık yaratarak ülkemizde gelecekte çok büyüyebilecek bir potansiyele dikkat çekmektir.

Yöntem- Resmi destekli ihracat kredi sigortası ya da özel sektör kredi sigortası kuruluşları tarafından sigortalanan açık hesap ticaretin,

ihracatın ve genel olarak uluslararası ticaretin gelişimine olan desteği konusunda yapılan çalışma örnekleri incelenmiştir. İhracatın

ekonomik büyüme üzerindeki etkisi üzerinde durularak, ihracat kredi sigortası desteği irdelenmiştir. Temel kavramlar ve literatür çalışmaları

özetlenmiştir.

Bulgular- Literatür taraması sonucunda elde edilen bulgular şunlardır: Tedarikçi kredisi, tedarikçi firmaların satışlarını arttırarak firma

büyümesine katkı sağlamaktadır. Alıcı firmalar için de önemli bir finansman kaynağı olmaktadır. Alıcı şirketin kendisi de müşterilerine kredili

satış yapabildiğinden, ticari akımlarda artış sağlanmaktadır. Tedarikçi kredisi, işletme sermayesi finansman ihtiyacının karşılanmasında,

özellikle finansal sıkışıklıkların olduğu dönemlerde şirketler için banka kredisine alternatif ve tamamlayıcı bir finansman kaynağı olmaktadır.

Açık hesap ticaretin sigortalanması, ülkenin ihracatını arttırma konusunda son derece önemli bir role sahiptir. Makro düzeyde, ihracatın

büyümesi ile ekonomik gelişme arasında da iki yönlü bir nedensellik ilişkisi bulunmaktadır.

Sonuç- Çalışmada sigortalanmış kredili satışların ticari akımlarda büyümeyi destekleyeceği, tedarik zincirlerinin büyümesine neden olmaları

sonucunda da, ticaret hacminin artmasına, ekonomik büyümeye katkı sağlayacakları sonucuna ulaşılmıştır.

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INSURING SUPPLIER CREDIT RISK IN EXPORTS TO PROMOTE EXPORT GROWTH AND ECONOMIC DEVELOPMENT

Year 2018, Volume: 5 Issue: 4, 359 - 372, 30.12.2018
https://doi.org/10.17261/Pressacademia.2018.1003

Abstract

Purpose- The purpose of this study is to evaluate the effectiveness of the insured trade credit on the international trade abroad and in our

country and to raise awareness about the issue that has great potential for growth in our country in the future.

Methodolgy- The studies investigating the effect of the insured open account trade by private and officially supported export credit

agencies on the development of exports and in general international trade were examined. The effect of export growth on economic

development has been examined in order to assess the impact of export credit insurance. The fundamental concepts with the literature

review have been summarized.

Findings- Through the literature review, the following facts have been obtained. Supplier credit leads to the increase in sales of the supplier

and that in turn leads to company growth. It is also an important financing source for the buyer who buys on credit also sells on credit and

that leads to an increase in trade flows. It is complementary and alternative to bank loans especially in the periods of financial constraints

when the companies are in need of working capital finance. Insured open account trade has a quite significant effect on increasing the

exports of the country. At macro level, there is a dual causality relationship between export growth and economic development.

Conclusion- As the result of the study, it has been concluded that the insured trade credit promotes the growth of trade flows and supply

chains that would lead to the growth in trade volumes and economic growth.

References

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  • Altıntaş, H., & Çetintaş, H. (2010). Türkiye'de Ekonomik Büyüme, Beşeri Sermaye ve İhracat Arasındaki İlişkilerin Ekonometrik Analizi:1970-2005. Erciyes Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi (36), 33-56.
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  • Auboin, M., & Engemann, M. (2014). Testing the trade Credit and trade Link: Evidence from Data on Export Credit Insurance,,Review of World Economics. 715-743,doi:http://doi.org/10.1007/s10290-014-0195-4
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  • Bilgin, C., & Şahbaz, A. (2009). Türkiye’de Büyüme ve İhracat Arasındaki Nedensellik İlişkileri. Gaziantep Üniversitesi Sosyal Bilimler Dergisi, 8(1), 177-198. 8http://sbe.gantep.edu.tr
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  • Brunner, H. Farinha, J.F. (2014). Testing the Link Between Accessible Export Finance and Insurance and Regional Trade Growth in Africa and Asia, a Role for Regional Export Credit and Investment Guaranty Agency (ECIGA) Asian Development Bank Economics Working Paper Series.1-26 doi:http://doi.org/10.2139/ssrn.2568988
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  • Cunat, V. (2004). Trade Credit: Suppliers as Debt Collectors and Insurance Providers. Universitat Pompeu Fabra&Financial Markets Group.1-46.
  • Çetiner, M., & Eke, S. (2018). Güncel Gelişmeler Işığında Kredi Sigortası Pazarı ve Makro Açıdan İrdelenmesi. Social Science Development Journal, 3(12), 496-507.
  • Demirhan, E. (2005). Büyüme ve İhracat Arasındaki Nedensellik İlişkisi: Türkiye Örneği. Ankara Üniversitesi SBF Dergisi (60), 75-88.
  • E.M., E. (1999). Exports and Economic Growth in Asian Developing Countries: Cointegration and Error Correction Models. Journal of Economic Development, 24(2), 43-56.
  • Egger, P., & Url, T. (2006). Public Export Credit Guarantees and Foreign Trade Structure: Evidence from Austria.The World Economy, 29(4), 399-418. doi: http:// doi.org/10.1111/j.1467-9701.2006, 00790.x
  • Felbermayr, G. J., & Yalçın, E. (2010). Export Credit Guarantees and Export Performance. World Economy, 36(8), 967-999. doi: http:// doi.org/10.1111/twec.12031
  • Ferrando, A., & Mulier, K. (2013). Do Firms Use the Trade Credit Channel to Manage Growth? Journal of Banking & Finance (37), 3035-3046.
  • Fisman, R., & Love, I. (2003). Trade Credit, Financial Intermediary Development and Industry Growth.Journal of Finance,58(1), 353-374. http://www.jstor.org/stable/3094490.
  • Funatsu, H. (1986). Export Credit Insurance. The Journal of Risk and Insurance, 53(4),679-692, http://www.jstor.org/stable/252970
  • Ge, Y., & Qiu J. (2007). Financial Development Bank Discrimination and Trade Credit. Journal of Banking & Finance,31, 513-530.
  • Gil, S., Llorca, R., & Martinez Serrano, J. (2008). Measuring the Impact of Regional Export Promotion. Papers in Regional Science, 87(1), 139-146.
  • Grath. (2010). The Handbook of International Trade and Finance (5. b.). U.K: Kogan Page Limited,110-124.
  • Gül, E., & Kamacı, A. (2012). Dış Ticaretin Büyüme Üzerine Etkileri: Bir Panel Veri Analizi. Uluslararası Alanya İşletme Fakültesi Dergisi, 4(3), 81-91.
  • Hayakawa, K., Hoon Lee, H., & Park, D. (2011). Do Export Promotion Agencies Increase Exports. 313, s. 1-19. Institute of Developing Economies, JETRO.
  • Herger, N., Lobsiger, M. (2010) How Do Export Risk Guarantees Affect Exports? The Case of Switzerland,65(3),297-310.
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Details

Primary Language English
Journal Section Articles
Authors

Muge Cetiner 0000-0003-1248-5335

Selda Eke This is me 0000-0003-4162-3549

Publication Date December 30, 2018
Published in Issue Year 2018 Volume: 5 Issue: 4

Cite

APA Cetiner, M., & Eke, S. (2018). INSURING SUPPLIER CREDIT RISK IN EXPORTS TO PROMOTE EXPORT GROWTH AND ECONOMIC DEVELOPMENT. Journal of Economics Finance and Accounting, 5(4), 359-372. https://doi.org/10.17261/Pressacademia.2018.1003

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