Research Article

Removal of Iran Sanctions: Is It Opportunity or Threat for Turkey?

Number: 89 April 30, 2019
TR EN

Removal of Iran Sanctions: Is It Opportunity or Threat for Turkey?

Abstract

After the removal of sanctions against Iran, foreign investors’ interest in Iran, where cheap labor force and attractive investment incentives are located, is regarded as a commercial threat for Turkey. Conversely, Turkey has important opportunities to increase its trade with Iran due shared borders and their trade agreements. In view of this perspective, it is aimed to examine Turkey’s trade with Iran in order to evaluate the opportunities after the removal of sanctions. For this purpose, Iranian trade with Turkey, European Union (EU), United States (USA), Russia and China have been examined using Gravity Model for 1990-2016 period. It has seen that Turkey has a great commercial opportunity compared to the countries mentioned from the analysis results. The analyses have indicated that it is necessary for Turkey to increase its economic relations in order to be able to evaluate its trade opportunities with Iran.

Keywords

References

  1. Anderson, James (1979). “A Theoretical Foundation for the Gravity Equation”. American Economic Review 69 (1): 106-116.
  2. Anderson, James and Eric Van Wincoop (2003). “Gravity with Gravitas: A Solution to the Border Puzzle”. American Economic Review 93 (1): 170-192.
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  6. Bergstrand, Jeffrey (1985). “The Gravity Equation in International Trade: Some Microeconomic Foundations and Empirical Evidence”. Review of Economics and Statistics 67 (3): 474-481.
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Details

Primary Language

English

Subjects

-

Journal Section

Research Article

Publication Date

April 30, 2019

Submission Date

April 13, 2017

Acceptance Date

-

Published in Issue

Year 2019 Number: 89

APA
Ay, S. (2019). Removal of Iran Sanctions: Is It Opportunity or Threat for Turkey? Bilig, 89, 95-119. https://doi.org/10.12995/bilig.8905
AMA
1.Ay S. Removal of Iran Sanctions: Is It Opportunity or Threat for Turkey? Bilig. 2019;(89):95-119. doi:10.12995/bilig.8905
Chicago
Ay, Sema. 2019. “Removal of Iran Sanctions: Is It Opportunity or Threat for Turkey?”. Bilig, nos. 89: 95-119. https://doi.org/10.12995/bilig.8905.
EndNote
Ay S (April 1, 2019) Removal of Iran Sanctions: Is It Opportunity or Threat for Turkey? Bilig 89 95–119.
IEEE
[1]S. Ay, “Removal of Iran Sanctions: Is It Opportunity or Threat for Turkey?”, Bilig, no. 89, pp. 95–119, Apr. 2019, doi: 10.12995/bilig.8905.
ISNAD
Ay, Sema. “Removal of Iran Sanctions: Is It Opportunity or Threat for Turkey?”. Bilig. 89 (April 1, 2019): 95-119. https://doi.org/10.12995/bilig.8905.
JAMA
1.Ay S. Removal of Iran Sanctions: Is It Opportunity or Threat for Turkey? Bilig. 2019;:95–119.
MLA
Ay, Sema. “Removal of Iran Sanctions: Is It Opportunity or Threat for Turkey?”. Bilig, no. 89, Apr. 2019, pp. 95-119, doi:10.12995/bilig.8905.
Vancouver
1.Sema Ay. Removal of Iran Sanctions: Is It Opportunity or Threat for Turkey? Bilig. 2019 Apr. 1;(89):95-119. doi:10.12995/bilig.8905

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