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COVID-19 SALGINI VE TÜRKİYE İMALAT SANAYİ FİRMALARI

Year 2022, Issue: 4, 585 - 596, 26.10.2022
https://doi.org/10.51551/verimlilik.1029984

Abstract

Amaç: COVID-19 salgınının yayılmasını önlemek amacıyla küresel ölçekte alınan benzer tedbirler arz ve talepte belirgin bozulmalara; belirsizlikte artışa neden olmuştur. Salgın şoku birçok firmanın yeni iş kararları almasını zorunlu hale getirmiştir. Bu çalışmanın amacı verimlilik seviyesine göre firmaların salgına karşı aldıkları üretim, istihdam ve politika kararları farkılılaşmalarını incelemektir.

Yöntem: Bu amaçla, Türkiye imalat sanayi için temsil gücü yüksek 1207 firmaya ait anket cevapları, salgın öncesi eğilim anketi cevapları ve idari kayıtlarla birleştirilerek elde edilen veri seti kullanılmıştır.

Bulgular: Tahmin sonuçları, Türk imalat sektöründe faaliyet gösteren firmalardan verimli olanların ilk aşamada pandeminin yıkıcı ekonomik etkisine karşı daha sağlam bir duruş sergilediğini gösteriyor. Verimli firmaların üretime devam etme olasılıkları daha yüksek, istihdamı azaltma ve devlet desteklerinden yararlanma olasılıklarının daha düşük olduğu gözlenmektedir.

Özgünlük: Bu çalışma, COVID-19 salgını ve salgına karşı uygulanan politikaların Türkiye imalat sanayi firmaları üzerindeki etkilerini araştırmayı sağlayan benzersiz temsil gücü yüksek firma düzeyinde veri seti kullanmaktadır. Bu, gelişmekte olan büyük bir ülke olan Türkiye hakkında yeni kanıtlar sağlayarak COVID-19'un imalat firmaları üzerindeki etkisine ilişkin mevcut dar ampirik literatüre katkıda bulunacaktır.

References

  • Apedo-Amah, M.C., Avdiu, B., Cirera, X., Cruz, M., Davies, E., Grover, A., Iacovone, L., Kilinc, U., Medvedev, D., Maduko, F.O. and Poupakis, S., (2020). “Unmasking the Impact of COVID-19 on Businesses: Firm Level Evidence from Across the World”, Policy Research Working Paper, No. 9434, World Bank, Washington DC.
  • Baldwin, R. and Di Mauro, B.W. (2020). “Economics in the Time of COVID-19: A New Ebook”, VOX CEPR Policy Portal, 2-3.
  • Bartik, A.W., Bertrand, M., Cullen, Z.B., Glaeser, E.L., Luca, M. and Stanton, C.T. (2020). “How Are Small Businesses Adjusting to COVID-19? Early Evidence from a Survey”, (No. w26989), National Bureau of Economic Research.
  • Bartik, A.W., Bertrand, M., Lin, F., Rothstein, J. and Unrath, M. (2020). “Measuring the Labor Market at the Onset of the COVID-19 Crisis”, No. w27613, National Bureau of Economic Research.
  • Bennedsen, M., Larsen, B., Schmutte, I. and Scur, D. (2020). Understanding the impact of government aid to firms in the COVID-19 pandemic. Recuperado De. Available online: https://voxeu. org/article/impact-government-aid-firms-covid-19-pandemic (accessed on 11 February 2021).
  • Bloom, N., Fletcher, R.S. and Yeh, E. (2021). “The Impact of COVID-19 on US Firms”, No. W28314, National Bureau of Economic Research.
  • Buchheim, L., Dovern, J., Krolage, C. and Link, S. (2020). “Firm-Level Expectations and Behavior in Response to the COVID-19 Crisis”, CESifo Working Paper No. 8304, CESifo, Munich. Central Bank of the Republic of Türkiye, Business Tendency Statistics and Real Sector Confidence Index. https://www.tcmb.gov.tr/wps/wcm/connect/EN/TCMB+EN/Main+Menu/Statistics/Tendency+Surveys/Business+Tendency+Statistics+and+Real+Sector+Confidence+Index/. (Access Date: 11.02.2021).
  • Cerezo, A.F., González, B., Izquierdo, M. and Moral-Benito, E. (2021). “Firm-Level Heterogeneity in the Impact of the COVID-19 Pandemic”, Documentos de trabajo del Banco de España, 20, 2-48.
  • De Nicola, F., Mattoo, A., Timmis, J. ve Tran, T.T. (2021). “Productivity in the Time of COVID-19:Evidence from East Asia and Pacific”, Open Knowledge Repository, World Bank.
  • Humphries, J.E., Neilson, C. and Ulyssea, G. (2020). “The Evolving Impacts of COVID-19 on Small Businesses Since the CARES Act (April 26, 2020)”, Cowles Foundation Discussion Paper No. 2230, NYU Stern School of Business, Available at SSRN: https://ssrn.com/abstract=3584745 or http://dx.doi.org/10.2139/ssrn.3584745.
  • International Labour Organization. (2020). “ILO Monitor: COVID-19 and the World of Work”, Updated Estimates and Analysis, Int Labour Organ.
  • Kozeniauskas, N., Moreira, P. and Santos, C. (2020). “COVID-19 And Firms: Productivity and Government Policies”, CEPR Discussion Papers 15156, C.E.P.R. Discussion Papers.
  • Pak, A., Adegboye, O.A., Adekunle, A.I., Rahman, K.M., Mcbryde, E.S. and Eisecn, D.P. (2020). “Economic Consequences of the COVID-19 Outbreak: The Need for Epidemic Preparedness”, Frontiers in Public Health, 8, 241.

COVID-19 PANDEMIC AND TURKISH MANUFACTURING FIRMS

Year 2022, Issue: 4, 585 - 596, 26.10.2022
https://doi.org/10.51551/verimlilik.1029984

Abstract

Purpose: Globally taken similar measures to prevent the spread of the COVID-19 pandemic caused disruptions in the supply and demand schedules and increase in uncertainty. The shock of this pandemic has forced many firms to take new actions and make new business decisions. The aim of this study is to examine the heterogeneity of the production, employment and policy decisions taken by the firms against the pandemic across productivity distribution.

Methdology: For this purpose, pandemic specific survey responses of a representative panel of 1207 Turkish manufacturing firms matched with pre-pandemic tendency survey responses and administrative data and cross sectional models are employed.

Findings: Estimation results show that productive firms of the Turkish manufacturing sector have taken firmer stance against the devastating economic impact of the pandemic at the initial wave. They are more likely to continue the production and less likely to reduce the employment and to benefit from government supports.

Originality: This study uses unique firm-level dataset that enable to investigate the effects of the pandemic and mitigation policies on firms using representative survey data for Turkish manufacturing sector. This will contribute to the existing narrow empirical literature on the impact of COVID-19 on manufacturing firms by providing new evidence on a large developing country, Türkiye, based on representative firm-level dataset.

References

  • Apedo-Amah, M.C., Avdiu, B., Cirera, X., Cruz, M., Davies, E., Grover, A., Iacovone, L., Kilinc, U., Medvedev, D., Maduko, F.O. and Poupakis, S., (2020). “Unmasking the Impact of COVID-19 on Businesses: Firm Level Evidence from Across the World”, Policy Research Working Paper, No. 9434, World Bank, Washington DC.
  • Baldwin, R. and Di Mauro, B.W. (2020). “Economics in the Time of COVID-19: A New Ebook”, VOX CEPR Policy Portal, 2-3.
  • Bartik, A.W., Bertrand, M., Cullen, Z.B., Glaeser, E.L., Luca, M. and Stanton, C.T. (2020). “How Are Small Businesses Adjusting to COVID-19? Early Evidence from a Survey”, (No. w26989), National Bureau of Economic Research.
  • Bartik, A.W., Bertrand, M., Lin, F., Rothstein, J. and Unrath, M. (2020). “Measuring the Labor Market at the Onset of the COVID-19 Crisis”, No. w27613, National Bureau of Economic Research.
  • Bennedsen, M., Larsen, B., Schmutte, I. and Scur, D. (2020). Understanding the impact of government aid to firms in the COVID-19 pandemic. Recuperado De. Available online: https://voxeu. org/article/impact-government-aid-firms-covid-19-pandemic (accessed on 11 February 2021).
  • Bloom, N., Fletcher, R.S. and Yeh, E. (2021). “The Impact of COVID-19 on US Firms”, No. W28314, National Bureau of Economic Research.
  • Buchheim, L., Dovern, J., Krolage, C. and Link, S. (2020). “Firm-Level Expectations and Behavior in Response to the COVID-19 Crisis”, CESifo Working Paper No. 8304, CESifo, Munich. Central Bank of the Republic of Türkiye, Business Tendency Statistics and Real Sector Confidence Index. https://www.tcmb.gov.tr/wps/wcm/connect/EN/TCMB+EN/Main+Menu/Statistics/Tendency+Surveys/Business+Tendency+Statistics+and+Real+Sector+Confidence+Index/. (Access Date: 11.02.2021).
  • Cerezo, A.F., González, B., Izquierdo, M. and Moral-Benito, E. (2021). “Firm-Level Heterogeneity in the Impact of the COVID-19 Pandemic”, Documentos de trabajo del Banco de España, 20, 2-48.
  • De Nicola, F., Mattoo, A., Timmis, J. ve Tran, T.T. (2021). “Productivity in the Time of COVID-19:Evidence from East Asia and Pacific”, Open Knowledge Repository, World Bank.
  • Humphries, J.E., Neilson, C. and Ulyssea, G. (2020). “The Evolving Impacts of COVID-19 on Small Businesses Since the CARES Act (April 26, 2020)”, Cowles Foundation Discussion Paper No. 2230, NYU Stern School of Business, Available at SSRN: https://ssrn.com/abstract=3584745 or http://dx.doi.org/10.2139/ssrn.3584745.
  • International Labour Organization. (2020). “ILO Monitor: COVID-19 and the World of Work”, Updated Estimates and Analysis, Int Labour Organ.
  • Kozeniauskas, N., Moreira, P. and Santos, C. (2020). “COVID-19 And Firms: Productivity and Government Policies”, CEPR Discussion Papers 15156, C.E.P.R. Discussion Papers.
  • Pak, A., Adegboye, O.A., Adekunle, A.I., Rahman, K.M., Mcbryde, E.S. and Eisecn, D.P. (2020). “Economic Consequences of the COVID-19 Outbreak: The Need for Epidemic Preparedness”, Frontiers in Public Health, 8, 241.
There are 13 citations in total.

Details

Primary Language English
Journal Section Articles
Authors

Aslıhan Atabek Demirhan 0000-0003-3789-4530

Publication Date October 26, 2022
Submission Date November 29, 2021
Published in Issue Year 2022 Issue: 4

Cite

APA Atabek Demirhan, A. (2022). COVID-19 PANDEMIC AND TURKISH MANUFACTURING FIRMS. Verimlilik Dergisi(4), 585-596. https://doi.org/10.51551/verimlilik.1029984

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22408 Journal of Productivity is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License (CC BY-NC 4.0)