Original scientific paper
https://doi.org/10.51680/ev.39.1.16
Economic crisis and production–export dynamics in the automotive industry: A comparative panel analysis of Türkiye and selected EU countries
Esra Atabay
orcid.org/0000-0002-6855-7521
; Çanakkale Onsekiz Mart University, Biga Faculty of Economic and Administrative Sciences, Türkiye
*
Ahmet Münir Gökmen
; Istanbul Kent University, Vocational School, İstanbul, Tűrkiye
Elif Sis Atabay
; Trabzon University, Tourism and Hotel Management Vocational School, Tűrkiye
Aleksandar Erceg
orcid.org/0000-0002-1141-1919
; Josip Juraj Strossmayer University of Osijek, Faculty of Economics and Business in Osijek, Croatia
* Corresponding author.
Abstract
Purpose: Economic crises introduce structural disturbances that disrupt established economic balances within industrial systems, generating diverse responses across countries and sectors. This study examines how crisis conditions affect production–export dynamics in the automotive industry by comparing Türkiye and selected European Union countries over the 2014–2023 period.
Methodology: Using balanced panel data, the empirical relationship between production volume and export turnover is analyzed using fixed- and random-effects models. The Hausman test indicates that the fixed-effects specification is most appropriate, suggesting that country specific characteristics play a significant role in shaping production dynamics.
Results: The findings reveal that, while production–export linkages remain statistically significant across countries, the magnitude and persistence of crisis impact vary depending on national production scale, institutional capacity, and structural conditions. The results further indicate that countries with higher production and export volumes experience stronger fluctuations during crisis periods, whereas countries with smaller production bases tend to display more moderate adjustments.
Conclusion: The study provides comparative empirical evidence on how national automotive systems respond to systemic economic disruptions and highlights the importance of structural differences in shaping crisis outcomes across countries.
Keywords
economic crisis; automotive industry; production–export dynamics; crisis management; Türkiye; European Union
Hrčak ID:
348512
URI
Publication date:
28.6.2026.
Visits: 0 *