KEY SECTOR ANALYSIS FOR TURKEY: MODIFICATION OF RASMUSSEN MEASURES

Abstract

This paper investigates key sectors of Turkish Economy by using the key sector classification proposed by Hewings (1974). The paper proposes a new measure based on Rasmussen’s forward linkage measure “sensitivity of dispersion index”. The measures given by Rasmussen are based on Leontief inverse matrix, which is demand driven. The paper translates Rasmussen’s forward linkage measure to supply-driven models by using Ghosh inverse matrix. Application part calculates backward and forward linkages of Turkey by using 2012 Input-Output table which is released by TURKSTAT (2020) and classifies key sectors of Turkish Economy by comparing new and old measures.

Keywords

• Input-output Matrix
• Key Sectors
• Power of Dispersion Index
• Sensitivity of Dispersion Index
• Coefficient of Variation
• Ghosh Inverse
• Leontief Inverse

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