Research Article

COMPETITIVENESS ANALYSIS OF THE TURKISH CHEMICAL INDUSTRY: A COMPARISON WITH THE SELECTED EUROPEAN UNION COUNTRIES

Volume: 4 Number: 2 June 30, 2017
EN

COMPETITIVENESS ANALYSIS OF THE TURKISH CHEMICAL INDUSTRY: A COMPARISON WITH THE SELECTED EUROPEAN UNION COUNTRIES

Abstract

Purpose- The aim of this study is to analyze the international competitiveness of the chemical industry of five EU member countries (Croatia, Hungary, Latvia, Lithuania, and Poland) and Turkey, which fall into 19 economies that are in the transition stage from 2nd level (efficiency- driven)   to 3rd level (Innovation-driven) as stated in the Global Competitiveness Report classifying the countries according to their development levels.

Methodology- The analysis was held according to STIC Rev.4 using the 2007-2015 actual export figures of the chemicals and related products by calculating the Revealed Comparative Advantage – RCA indices explained by Balassa.

Findings- The results of the analysis show that Croatia, Hungary and Lithuania generally have rather high competitive advantage while Turkey, Poland and Latvia generally are lack of competitiveness.  Turkey, Poland and Latvia have to develop their own technologies in producing high–tech, high value added goods in order to improve their chemical industries to a structure with competitiveness.

Conclusion- Chemical industry, as the raw material and intermediate goods supplier of many sectors, has a very important role both in overall production and in foreign trade.  The industrial development of a country increases its requirement of chemical products. In global perspective countries aiming to improve their international competitiveness have to strengthen their chemical industry.

Keywords

References

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  2. Ertek, E., (2014), Kimya Sektörü Raporu, TSKB Ekonomik Araştırmalar, http://www.tskb.com.tr/i/content/730_1_Kimya_Sektor_Raporu_Agustos_2014.pdf, (5.03.2017)
  3. Dereli D.D. (2015), “Innovation Management in Global Competition and Competitive Advantage”, World Conference on Technology, Innovation and Entrepreneurship, Procedia - Social and Behavioral Sciences 195, pp. 1365 – 1370.
  4. Doğan, E., (2016), “The Effect of Innovation on Competitiveness”, Ekonometri ve İstatistik Sayı: 24, 2016, pp. 60-81.
  5. DPT (1979), Dördüncü Beş Yıllık Kalkınma Planı (1979-1983), Ankara.
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  7. DPT (1995), Yedinci Beş Yıllık Kalkınma Planı (1994-2000), Ankara.
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Details

Primary Language

English

Subjects

-

Journal Section

Research Article

Authors

Publication Date

June 30, 2017

Submission Date

April 1, 2017

Acceptance Date

-

Published in Issue

Year 2017 Volume: 4 Number: 2

APA
Akis, E. (2017). COMPETITIVENESS ANALYSIS OF THE TURKISH CHEMICAL INDUSTRY: A COMPARISON WITH THE SELECTED EUROPEAN UNION COUNTRIES. Journal of Economics Finance and Accounting, 4(2), 129-137. https://izlik.org/JA36AP22HT
AMA
1.Akis E. COMPETITIVENESS ANALYSIS OF THE TURKISH CHEMICAL INDUSTRY: A COMPARISON WITH THE SELECTED EUROPEAN UNION COUNTRIES. JEFA. 2017;4(2):129-137. https://izlik.org/JA36AP22HT
Chicago
Akis, Elife. 2017. “COMPETITIVENESS ANALYSIS OF THE TURKISH CHEMICAL INDUSTRY: A COMPARISON WITH THE SELECTED EUROPEAN UNION COUNTRIES”. Journal of Economics Finance and Accounting 4 (2): 129-37. https://izlik.org/JA36AP22HT.
EndNote
Akis E (June 1, 2017) COMPETITIVENESS ANALYSIS OF THE TURKISH CHEMICAL INDUSTRY: A COMPARISON WITH THE SELECTED EUROPEAN UNION COUNTRIES. Journal of Economics Finance and Accounting 4 2 129–137.
IEEE
[1]E. Akis, “COMPETITIVENESS ANALYSIS OF THE TURKISH CHEMICAL INDUSTRY: A COMPARISON WITH THE SELECTED EUROPEAN UNION COUNTRIES”, JEFA, vol. 4, no. 2, pp. 129–137, June 2017, [Online]. Available: https://izlik.org/JA36AP22HT
ISNAD
Akis, Elife. “COMPETITIVENESS ANALYSIS OF THE TURKISH CHEMICAL INDUSTRY: A COMPARISON WITH THE SELECTED EUROPEAN UNION COUNTRIES”. Journal of Economics Finance and Accounting 4/2 (June 1, 2017): 129-137. https://izlik.org/JA36AP22HT.
JAMA
1.Akis E. COMPETITIVENESS ANALYSIS OF THE TURKISH CHEMICAL INDUSTRY: A COMPARISON WITH THE SELECTED EUROPEAN UNION COUNTRIES. JEFA. 2017;4:129–137.
MLA
Akis, Elife. “COMPETITIVENESS ANALYSIS OF THE TURKISH CHEMICAL INDUSTRY: A COMPARISON WITH THE SELECTED EUROPEAN UNION COUNTRIES”. Journal of Economics Finance and Accounting, vol. 4, no. 2, June 2017, pp. 129-37, https://izlik.org/JA36AP22HT.
Vancouver
1.Elife Akis. COMPETITIVENESS ANALYSIS OF THE TURKISH CHEMICAL INDUSTRY: A COMPARISON WITH THE SELECTED EUROPEAN UNION COUNTRIES. JEFA [Internet]. 2017 Jun. 1;4(2):129-37. Available from: https://izlik.org/JA36AP22HT

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