Published in Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 25 ISSUE 3
Written by Nizamettin ERBAS
Food and beverages are basic physiological needs and are essential elements of a healthy diet and survival. Thus, although food prices increase, there is no significant change/decrease in the total food demand of the individuals. This study was conducted to determine the role of the food and beverage sector in Türkiye's economic structure, and to analyze the correlation between the sectoral enterprise and the Consumer Price Index (CPI). The main material of this study consists of data organised from the "Annual Industry and Services Statistics", "Foreign Trade Statistics", "Household Consumption Expenditures Statistics", and "Consumer Price Index (CPI)" of the Turkish Statistical Institute (TURKSTAT). The data were analysed in a computer-aided programme. According to the findings of the research, it has determined that the food and beverage sector has a significant share in the manufacturing industry. In the 11-year period, the export value of the sector increased by 81.8%, and reached 22 917 million USD. In the 13 years, 12.0% of the employees in the manufacturing industry were employed in the food and beverage sector. In the period analysed, the number of enterprises in the sector also increased along with the CPI. CPI increased 14.1 times, and the number of enterprises in the sector increased 1.7 times. In the study where CPI data were regarded as the independent variable and the number of enterprises in the sector as the dependent variable, and analysed with the single linear regression model, it was detected that the relationship between the variables was statistically significant. The study serves as a reference in terms of raising awareness on the economic importance of the food and beverage sector.
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