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Abstract


TURKEY’S BILATERAL TRADE MOVEMENTS WITH D-8 COUNTRIES EXAMINATION WITH GRAVITY MODEL: PANEL DATA ANALYSIS

This study analyses Turkey’s trade volume with D-8 countries which are Malaysia, Egypt, Nigeria, Bangladesh, Iran, Indonesia and Pakistan through the Gravity model. This study aims to investigate the effect of labour productivity, labour participate rate, distance, being a member of the economic unions on Turkey’s trade volume on by using the Gravity model over the period 1996-2017. The panel OLS estimation results showed that per capita income similarity, labor productivity, labor force participation rate and membership in international organizations are positively associated with bilateral trade, while the distance is negatively.



Keywords
Keywords: Foreign Trade, Gravity Model, Linder



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