International Congress on Eurasian Economies

International Conference on Eurasian Economies

12-14 October 2011 – Bishkek, KYRGYZSTAN

Paper detail

Paper ID : 262
Status : Paper published
Language : Turkish
Topic : Regional Economics
Presenter: Asst. Prof. Dr. Zamira Oskonbaeva
Session : 6C Orta Asya Ekonomileri III

An Evaluation of Independence of Kazakhstan Economy by Input-Output Analysis (2006-2009)
Girdi-Çıktı Analizi Yaklaşımıyla Kazakistan Ekonomisinin Dışa Bağımlılığının İncelenmesi (2006-2009)

Abstract

Input-output analysis is an analytical technique widely used both in developed and developing countries which reflects the production consumption relationships of production sectors of a country’s economy. At the same time it is the macroeconomic analysis tool that defines economic relations of each sector by production and consumption. During the process of globalization all developed and developing country economies are trying to open their economies in order to provide their economic development. However, the openness can lead to negative consequences in some countries such as increasing their external dependence. In this paper it is aimed to investigate the structure of foreign trade of Kazakhstan and to measure the external dependence of economy. For this purpose, with the help of input-output tables prepared for the period of 2006-2009, the inverse import matrix will be calculated by using coefficients of foreign trade flows, consequently the import quantities necessary to meet final demand and their changes during the period will be examined. According to the results obtained the potential impact of Kazakhstan’s foreign trade structure on both Kyrgyzstan and other Central Asian Turkish Republics will be discussed.

JEL codes: F14, C67, D57

Özdil, Tuncer, Oskonbaeva, Zamira, Turdalieva, Ainura (2011). "An Evaluation of Independence of Kazakhstan Economy by Input-Output Analysis (2006-2009)" in Proceedings of International Conference of Eurasian Economies 2011, pp.426-433, Bishkek, KYRGYZSTAN.

DOI: https://doi.org/10.36880/C02.00262

Full paper in PDF format.

Session 6C: Orta Asya Ekonomileri III

Istanbul Beykent University Kyrgyz-Turkish Manas University Promotion Fund of the Turkish Prime Ministry Turkish Central Bank