Year 2019, Volume 26, Issue 1, Pages 49 - 70 2019-03-19

Effects Of Iron-Steel Sector On Global Competıtıon, Economıc Growth And Unemployment
Demir-Çelik Sektörünün Küresel Rekabet, Ekonomik Büyüme Ve İşsizlik Üzerine Etkileri

Ali KONAK [1] , Ahmet KAMACI [2]

69 162

Nowadays industry which contributes to development of countries is one of the most crucial sectors, it seems to maintain its importance.  The rapid advancements in technology play a crucial role in increasing product range and transporting of products. Thus, globalization gathers pace.  Within this period, Iron and Steel sector which is a sub-sector of industry sector provides competitive power to countries and thus these countries get ahead of other countries.

The aim of this study is to test the effects of steel production of global raw steel production in global raw steel production on global competitiveness index, economic growth and employment by panel data analysis. In this context, the data belonging to the years 2009-2016 will be tested by panel data analysis and the extent to which iron steel production affects these variables will be investigated. Second-generation panel unit root tests were used because of the cross-sectional dependence in the series. According to the results of the study, a causality from total steel production to economic growth has been determined. Then, according to the PMG estimator applied, there was a short and long-term relationship between total steel production and economic growth. The 1 unit increase in total steel production increases the economic growth in the long term by 0.104 and in the short term by 1.386 units.

  • Akçay, A.Ö. ve Erataş, F. (2012). Assessment of the current account defıcıt and economıc growth relatıonshıp wıthın axıs of the panel causalıty analysıs, (pp. 1-24), İzmir: International Conference on Economics, Turkish Economic Association
  • Atalay M. and Turhan M., (2002). Küreselleşme, Gelişmekte Olan Ülkeler ve Türk İmalat Sanayii, Planlama Dergisi, Özel Sayı (DPT’nin Kuruluşunun 42. Yılı), 77-110.
  • Aydemir C. and Kaya M. (2007). The globalization concept and ıts economical side, Electronic Journal of Social Science, 6(20), 260-282.
  • Bakırcı, F., Eslamian, S. S. and Sattary, A. (2014). Financial performance analysis of ıron, steel metal ındustry sector companies in the borsa İstanbul: DEA Super Efficiency and TOPSIS Methods, Ege Academıc Revıew, 14(1), 9-19.
  • Chang, C.P. and Lee C.C. (2010). Globalization and economic growth: A political economy analysis for OECD countries, Global Economic Review, 39(2), 151-173.
  • Chang C.P., Lee C.C. and Hsieh M.C. (2011). Globalization, real output and multiple structural breaks, Global Economic Review, 40(4), 421-424.
  • Çeştepe, H. and Tunçel, A. (2018). Internatıonal competitiveness analysis of the Turkish ıron and steel sector, Turkish Studies, International Congress on Social Sciences II (INCSOS 2018 Quds) Academic Journal, 13(15), 113-129.
  • Demir G. 2001, On the globalization, Ankara University Journal of Political Science Faculty, 56(1), 73-104.
  • Dikkaya M. and Deniz F. (2006), The problems of economıc globalization: a theoritical approach, International Journal of Management Economics and Business, 3(2), 163-181.
  • Dilek S. (2016), Oyun Teorisi Eşliğinde Sanayi Ekonomisi, Ankara: Seçkin.
  • Dünya Çelik Üretim Raporu (2017) http://www.demircelik.com.tr/-1-9249-dunya-celik-uretim-raporu-mart-2017.html(Accessed 12 March, 2017)
  • Ersöz, T., Düğenci, M., Ünver, M. and Eyiol, B. (2015). A general overview of the ıron and steel sector and an examination of over five million tons of ıron and steel exporting countries by the cluster analysis, Nevsehir Journal of Science and Technology, 4(2), 75-90.
  • Ersöz, F.; Ersöz, T. ve Erkmen, İ. N. (2016). Overview of crude steel production in Turkey and the world, Erciyes University Journal of Institue Of Science and Technology, 32(2), 1-12.
  • Kara, O. and Erkan, B. (2016, October). The Relationship of Productivity and Comparative Advantage in The Iron-Steel Industry, Turkısh Economıc Assocıatıon Internatıonal Conference On Economıcs Ice-Tea 2016 (pp. 1222-1243), Bodrum: International Conference on Economics, Turkish Economic Association, ICE-TEA 2016, Erişim Adresi : https://www.researchgate.net/publication/317290055
  • Kravec, M. and Slivková, A. (2013), Cluster analysis of steel ındustry, International Journal of Interdisciplinarity In Theory And Practice, (2), 110-117.
  • Özcan, A. İ. ve Anıl, N.K. (2017). Efficiency measurement of firms among the biggest 500 firms operating ın ıron & steel ındustry by dea and malmquist, Kırklareli Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 6(1), 112-120.
  • Pesaran, M. H. and Yamagata, T. (2008). Testing slope homogeneity in large panels, Journal of Econometrics, 142(1), 50–93.
  • Schwab, K. (2016), The Global Competitiveness Report 2016–2017, World Economic Forum, Geneva: Insight Report.
  • Türkiye Odalar ve Borsalar Birliği (TOBB), (2014). Türkiye Demir ve Demirdışı Metaller Meclisi Sektör Raporu-2013, Ankara: TOBB Yayın No: 2014/221, pg. 7-98.
  • Turgut, B. (2016). Erdemir Grubu: 2016 Yılında küresel çelik sektöründe dengelenme ve normalleşme bekliyoruz, Journal of Prime, 108, 98-100.
  • Türker, O. (2017). The change of the competitive power of Turkey’s ıron and steel ındustry for the period of 1989-2016, The Journal of Kesit Academy, 2(12), 54-77.
  • Ülengin, F., Önsel, Ş., Karaata, S., Aktaş, E. Ve Kabak, Ö. (2010), Türkiye’nin Küresel Rekabet Düzeyi: Dünya Ekonomik Forumu Küresel Rekabet Raporuna Göre Bir Değerlendirme, İstanbul: TÜSİAD-Sabancı Üniversitesi Rekabet Forumu (REF) ve Sektörel Dernekler Federasyonu’nun (SEDEFED), 1. Basım.
  • Worldsteel Association, (2016). Steel Statistical Yearbooks, http://www.worldsteel.com
  • Worldsteel Association, (2017). Steel Statistical Yearbooks, http://www.worldsteel.com
  • Yaşar O., (2009). A locomotive sector in Turkish manufacture ındustry: The ıron and steel ındustry, Journal of Marmara Geography, (20), 42-78.
  • Yaşar, O. (2015). A research in the field of ındustrial geography: Iron-steel ındustry cluster in Hatay and Osmaniye provinces, Mediterranean Journal of Humanities, 5(1), 38-412
  • Yavuz, V. A. and Demirci, S. (2014), An Empirical Analysis of The Efficiencies of Turkish Iron and Steel Companies During The Global Financial Crisis, Ed: Banker R. and others (Ed.), Data Envelopment Analysis and Performance Measurement: Proceedings of the 11th International Conference of DEA 2013 (p. 29-34) inside. Samsun: ISBN: 978 1 85449 477 1
Primary Language en
Subjects Social
Journal Section Articles
Authors

Orcid: 0000-0003-1804-8339
Author: Ali KONAK (Primary Author)
Institution: KARABUK UNIVERSITY
Country: Turkey


Orcid: 0000-0002-7858-6131
Author: Ahmet KAMACI
Institution: BARTIN UNIVERSITY
Country: Turkey


Dates

Publication Date: March 19, 2019

Bibtex @research article { yonveek493769, journal = {Yönetim ve Ekonomi: Celal Bayar Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi}, issn = {1302-0064}, eissn = {2458-8253}, address = {Celal Bayar University}, year = {2019}, volume = {26}, pages = {49 - 70}, doi = {10.18657/yonveek.493769}, title = {Effects Of Iron-Steel Sector On Global Competıtıon, Economıc Growth And Unemployment}, key = {cite}, author = {KONAK, Ali and KAMACI, Ahmet} }
APA KONAK, A , KAMACI, A . (2019). Effects Of Iron-Steel Sector On Global Competıtıon, Economıc Growth And Unemployment. Yönetim ve Ekonomi: Celal Bayar Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 26 (1), 49-70. DOI: 10.18657/yonveek.493769
MLA KONAK, A , KAMACI, A . "Effects Of Iron-Steel Sector On Global Competıtıon, Economıc Growth And Unemployment". Yönetim ve Ekonomi: Celal Bayar Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi 26 (2019): 49-70 <http://dergipark.org.tr/yonveek/issue/43994/493769>
Chicago KONAK, A , KAMACI, A . "Effects Of Iron-Steel Sector On Global Competıtıon, Economıc Growth And Unemployment". Yönetim ve Ekonomi: Celal Bayar Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi 26 (2019): 49-70
RIS TY - JOUR T1 - Effects Of Iron-Steel Sector On Global Competıtıon, Economıc Growth And Unemployment AU - Ali KONAK , Ahmet KAMACI Y1 - 2019 PY - 2019 N1 - doi: 10.18657/yonveek.493769 DO - 10.18657/yonveek.493769 T2 - Yönetim ve Ekonomi: Celal Bayar Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi JF - Journal JO - JOR SP - 49 EP - 70 VL - 26 IS - 1 SN - 1302-0064-2458-8253 M3 - doi: 10.18657/yonveek.493769 UR - https://doi.org/10.18657/yonveek.493769 Y2 - 2019 ER -
EndNote %0 Yönetim ve Ekonomi: Celal Bayar Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi Effects Of Iron-Steel Sector On Global Competıtıon, Economıc Growth And Unemployment %A Ali KONAK , Ahmet KAMACI %T Effects Of Iron-Steel Sector On Global Competıtıon, Economıc Growth And Unemployment %D 2019 %J Yönetim ve Ekonomi: Celal Bayar Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi %P 1302-0064-2458-8253 %V 26 %N 1 %R doi: 10.18657/yonveek.493769 %U 10.18657/yonveek.493769
ISNAD KONAK, Ali , KAMACI, Ahmet . "Effects Of Iron-Steel Sector On Global Competıtıon, Economıc Growth And Unemployment". Yönetim ve Ekonomi: Celal Bayar Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi 26 / 1 (March 2019): 49-70. https://doi.org/10.18657/yonveek.493769
AMA KONAK A , KAMACI A . Effects Of Iron-Steel Sector On Global Competıtıon, Economıc Growth And Unemployment. YÖNEKO. 2019; 26(1): 49-70.
Vancouver KONAK A , KAMACI A . Effects Of Iron-Steel Sector On Global Competıtıon, Economıc Growth And Unemployment. Yönetim ve Ekonomi: Celal Bayar Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi. 2019; 26(1): 70-49.