ABSTRACT
The industrial sector is one of the key sectors for the Turkish economy in terms of production, employment and exports. The volatility in the exchange rate in the Turkish economy has important effects on industrial production, as well as many economic variables. The main purpose of this study is to empirically analyse the effects of real effective exchange rate on industrial production for the Turkish economy in the 2009M08-2022M01 period. According to the results of the study, the real effective exchange rate adversely affects the industrial production in the Turkish economy. Other things being equal, the depreciation of the domestic currency increases the foreign demand for industrial products, in line with the economic theory. Considering these relations between real effective exchange rate and industrial production while designing economic policies is important for sustainable economic growth.
ABSTRACT
Air cargo transportation is a key determinant in meeting the demand for perishable goods, which is highly dependent on timely imports of inputs and exports of semi-finished or finished products as part of global supply and production networks. Airports, which are the doors of countries to the outside world, have been closed to passenger transportation, but never to cargo planes. Because the entry of the goods needed by the countries is important in terms of raw materials and needs. The aim of this article is to show the current situation of air cargo transportation in the world during the pandemic period and to reveal the importance of air cargo transportation in terms of supply chain.