Journal Article

·2022 OPEN ACCESS

Key sector analysis by IO networks: Evidence from Turkey

Yasemin Asu ÇIRPICI YTU

Panoeconomicus

Abstract

In this study, the key sectors of Turkey are determined using Input- Output (IO) network analysis. Different centrality measures are analyzed and compared. Accordingly, eigenvector, page rank, hub, and authority centralities are calculated. The effects of an economic shock are also analyzed using random walk centrality and counting betweenness. Findings indicate that the key sectors are ?Wholesale and Retail Trade; Repair of Motor Vehicles?, ?Transport, Storage and Communications?, ?Agriculture, Hunting and Forestry?, ?Construction?, ?Real Estate Activities?, and ?Textiles, Textile Products, Leather and Footwear?. Furthermore, the same sectors are determined to be vulnerable to economic shocks.

Keywords

Key (lock) Betweenness centrality Centrality Real estate Business Shock (circulatory) Estate Industrial organization Textile Agriculture Rank (graph theory) Computer science Computer security Finance Geography Mathematics Statistics

Subject Areas

Global Trade and Competitiveness ·Strategy and Management ·Social Sciences

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