KEY SECTOR ANALYSIS FOR TURKEY: MODIFICATION OF RASMUSSEN MEASURES

Authors : Hande KUL GELAL

Pages : 28-49

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Publication Date : 2021-03-25

Article Type : Research Paper

Abstract :This paper investigates key sectors of Turkish Economy by using the key sector classification proposed by Hewings insert ignore into journalissuearticles values(1974);. The paper proposes a new measure based on Rasmussen’s forward linkage measure “sensitivity of dispersion index”. The measures given by Rasmussen are based on Leontief inverse matrix, which is demand driven. The paper translates Rasmussen’s forward linkage measure to supply-driven models by using Ghosh inverse matrix. Application part calculates backward and forward linkages of Turkey by using 2012 Input-Output table which is released by TURKSTAT insert ignore into journalissuearticles values(2020); and classifies key sectors of Turkish Economy by comparing new and old measures.
Keywords : Input output Matrix, Key Sectors, Power of Dispersion Index, Sensitivity of Dispersion Index, Coefficient of Variation, Ghosh Inverse, Leontief Inverse