Export promoting policies in Turkish manufacturing industry, 1980-1986
Author(s)
Advisor
Çapoğlu, GökhanDate
1989Publisher
Bilkent University
Language
English
Type
ThesisItem Usage Stats
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Abstract
This study basically aims at estimating the significance
of export promoting policies for the expansion of Turkish
manufacturing exports in the period 1980-86. The price
responsiveness of export is also analyzed by evaluating the
effects of a decline in labor wages on manufactured exports.
In this study, export promoting policies are grouped as
export subsidies (tax rebates, export credits and foreign
currency allocations) and flexible exchange rate policy
(devalmtion of Turkish lira since January 1980). As there is
several years of data on a number of manufacturing
subsectors, the cross-sectional time series models are used
to test the significance of these policies.
The tax rebates and forcing currency allocations are the
most significant promoting policies affecting exports of
manufacturing ii^ustry according to the study’s fii:dings. The
devaluation of Turkish lira against dollar and mark has also
an encouraging effect on the manufactured exports.
Keywords
Tax rebatesexport credits
oreign currency allocation
trade weighted real effective exchange rate
capacity utilization
wages
pooled data
cross-sectional time series
fixed effect
OLS