Comparing the Economies of Turkey and Kazakhstan by Input-Output Analysis

44442

Nowadays, progress in information technologies and globalization influenced disappearing the borders between countries in economic terms; the competition narrowed only in one geographic area previously, has spread worldwide and became influential directly on all countries and territories. In this process, countries that have similar properties, geography and interests, have joined forces to create a stronger competitive environment. Effective economic cooperation also applies to the Central Asian Turkish Republics, which are trying to ensure the rapid economic development in the period after dissolution. The results obtained from comparative study of the production structures is extremely important to countries for achieving economic cooperation to increase mutual economic interests, the relations between their countries’ economies and planning. The purpose of this paper is to describe the production structures of Turkey and Kazakhstan economies. The comparative analysis of the similarities and differences in the production structures of both countries made by input-output approach. Given research is based on analysis of input-output tables prepared by the Statistics Committees of two countries. For the study purpose forward and backward linkages, key sectors, efficiency in intermediate product usage, production techniques, external trade and production structure were calculated and compared on sectoral and macro-level. The results, obtained from the analysis, allow giving recommendations to further development of economic relations between countries.

383

Input , output analysis , production structure , economic relations.

Ege Academic Review (EAR)

398

Ege Academic Review (EAR)