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Inflationary Effect of Crude Oil Prices in Turkey

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Microsoft Word - 02-03 DP_H.Berument .doc 11 Table 1 : Condensed Input-Output Table of the Turkish Economy (in nominal values, in billion TL, 1990) Input User Sectors Total Sales By A1 A2 A3 A4 A5 A6 A7 A8 A9 A1 Primary Producing Industries* 14926.4 59.0 0.0 22115.4 0.0 4.5 0.5 0.7 2954.0 40060.5 A2 Mining and Stone Quarrying 12.6 14.4 0.0 2385.9 0.0 505.0 17.9 1228.0 399.1 4562.9 A3 Crude oil and Natural Gas Production 0.0 0.0 0.0 130.4 10242.4 803.6 18.8 0.0 17.9 11213.1 A4 Manufacturing Industries 6196.5 393.5 71.6 74164.8 24.5 444.7 189.9 21352.5 17889.3 120727.3 A5 Oil Refinement 2214.3 311.6 31.3 5541.7 47.1 146.4 75.4 1159.3 12624.0 22151.1 A6 Electricity 96.0 231.7 9.5 5654.3 118.1 284.8 326.6 86.0 1051.7 7858.7 A7 Gas Manufacturing, Water Works 134.1 1.8 0.0 330.2 4.0 4.3 16.6 129.3 623.9 1244.2 A8 Construction 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 A9 Service Industries 7436.0 439.5 165.5 31299.3 573.2 698.3 148.3 8773.0 33898.0 83431.1 Total Inputs 31015.9 1451.5 277.9 141622.0 11009.3 2891.6 794.0 32728.8 69457.9 291248.9 Labour costs 7407.0 1968.5 70.7 19242.7 186.3 1965.9 468.1 13317.9 62475.0 107102.1 Other Income Factors 58404.2 1895.7 1287.6 39630.8 3951.8 2609.1 1123.3 9956.5 104812.0 223671.0 Total Output Cost 96827.1 5315.7 1636.2 200495.5 15147.4 7466.7 2385.4 56003.2 236744.9 622022.1 * Includes Agriculture, Animal Husbandry, Forestry and Fishing 12 Table 2 : Condensed Input-Output Table of the Turkish Economy (% shares, 1990) Input User Sectors Total Sales By A1 A2 A3 A4 A5 A6 A7 A8 A9 A1 Primary Producing Industries 15.42 1.11 0.00 11.03 0.00 0.06 0.02 0.00 1.25 6.44 A2 Mining and Stone Quarrying 0.01 0.27 0.00 1.19 0.00 6.76 0.75 2.19 0.17 0.73 A3 Crude oil and Natural Gas Production 0.00 0.00 0.00 0.07 67.62 10.76 0.79 0.00 0.01 1.80 A4 Manufacturing Industries 6.40 7.40 4.38 36.99 0.16 5.96 7.96 38.13 7.56 19.41 A5 Oil Refinement 2.29

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