The Level and Structure of Turkey’s Intra-Industry Trade with Countries of Organization of The Black Sea Economic Cooperation

Year 2017, Volume: 8 Issue: 15, 343 - 362, 30.06.2017

Hamza Çeştepe , Havanur Ergün , Selcen Zorlu

https://izlik.org/JA45SH38AX

Abstract

In this study, intra-industry trade (IIT) level and structure between

Turkey and Organization of the Black Sea Economic Cooperation (BSEC),

which is a regional development movement which Turkey led its establishment

and has recently tried to revive, have been analyzed. In the study, Grubel-Lloyd

(GL) index, most widely used in the measurement of IIT, is used. According to

the calculations made by using SITC classification foreign trade data for 20072014,

it is observed that Turkey’s intra-industry trade with this region is low

according to GL index. In the specified period, intra-industry trade-intense

industries are beverages and tobacco, machinery and transport equipment and

chemicals industries. Besides, manufactured goods classified chiefly by

material and miscellaneous manufactured articles industry have relatively

higher intra-industry trade. As in other countries of the region, Turkey`s

increasing intra-industry level with this region which is low will be one of the

important factors in inversion to a more advanced level of regional integration. 

Keywords

Intra-industry Trade , Black Sea Economic Cooperation , GrubelLloyd (GL) Index , Regional Integration

References

• AYDIN, A. (2008), Endüstri içi Ticaret ve Türkiye: Ülkeye Özgü Belirleyicilerin Tespitine Yönelik Bir Araştırma, Marmara Üniversitesi İ.İ.B.F Dergisi, Cilt:25, Sayı:2, 881-921