Anatomy of agricultural export performance: Sectoral evidence from Türkiye

Authors : Taner Taş, Kubilay Çağrı Yılmaz

Pages : 349-361

Doi:10.24181/tarekoder.1748164

View : 90 | Download : 186

Publication Date : 2025-12-19

Article Type : Research Paper

Abstract :Purpose: This study aims to investigate the determinants of agricultural export performance across eight sub-sectors in Türkiye. The main objective is to identify the sector-specific effects of macroeconomic factors such as exchange rates, income levels of importing countries, and agricultural productivity. Design/Methodology/Approach: Using panel data from 2012 to 2022, Fixed Effects (FE) and Instrumental Variables (IV, 2SLS) are employed as the main estimation techniques. In addition, Generalized Method of Moments (GMM) estimators were tested as a robustness check; however, since the results were not consistent with econometric assumptions, they are not reported. The dependent variable is the sectoral export value, while REER, GDP, and TFP are included as key explanatory variables. Findings: The effect of the exchange rate on exports is significant and negative in most sectors. The GDP variable is found to be positive and significant across all sectors. The TFP variable is significant only in the tobacco sector. The results indicate that Türkiye holds comparative advantages in certain sectors. Research Limitations/Implications: In line with the conceptual framework adopted in this study, only agricultural total factor productivity (TFP) is included to represent production capacity, while other production-related variables are deliberately excluded from the scope of analysis. Originality/Value: The study provides novel empirical insights into sectoral heterogeneity by examining agricultural export performance through the lens of exchange rate competitiveness and demand-side factors at the product level.
Keywords : Tarımsal ihracat, döviz kuru, dış talep, panel veri, verimlilik

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