Research Article

The potential effects of the Zangezur Corridor on Türkiye’s foreign trade

Volume: 11 Number: 2 June 28, 2025
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The potential effects of the Zangezur Corridor on Türkiye’s foreign trade

Abstract

The Zangezur corridor connects Azerbaijan and the Nakhchivan Autonomous Republic. An exclave of Azerbaijan. After the 2020 Nagorno-Karabakh War, the obstacles to opening the Zangezur corridor were solved through the ceasefire agreement. Implementing the Zangezur corridor will shorten the route used nowadays by the Baku—Tiflis—Kars railway by almost 150 km. For this reason, it is thought that this corridor would decrease transportation costs and increase trade volumes. Türkiye, which will have direct land contact with Turkic countries, is the country of one of the most prominent effects of the opening of the Zangezur corridor. The main objective of this study is to determine the effect of Türkiye’s trade volumes on the opening of the Zangezur corridor. To investigate this, the study constructs a built-in structural gravity model with a new economic geography perspective covering 182 countries from 2007 to 2023. Then, the coefficient values obtained from the model are used to determine the possible change in Türkiye's trade with nine Asian countries that are expected to use this corridor directly. According to the results, it is expected that Türkiye’s top three export-enlarging countries, respectively, are Armenia, Azerbaijan, and Turkmenistan, which will be import-enlarging Azerbaijan, Armenia, and Uzbekistan.

Keywords

References

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Details

Primary Language

English

Subjects

Panel Data Analysis, Foreign Trade, Economic Integration

Journal Section

Research Article

Early Pub Date

June 27, 2025

Publication Date

June 28, 2025

Submission Date

November 9, 2024

Acceptance Date

June 19, 2025

Published in Issue

Year 2025 Volume: 11 Number: 2

APA
Ateş, E. (2025). The potential effects of the Zangezur Corridor on Türkiye’s foreign trade. Gazi İktisat Ve İşletme Dergisi, 11(2), 148-161. https://doi.org/10.30855/gjeb.2025.11.2.004
AMA
1.Ateş E. The potential effects of the Zangezur Corridor on Türkiye’s foreign trade. Gazi İktisat ve İşletme Dergisi. 2025;11(2):148-161. doi:10.30855/gjeb.2025.11.2.004
Chicago
Ateş, Erdem. 2025. “The Potential Effects of the Zangezur Corridor on Türkiye’s Foreign Trade”. Gazi İktisat Ve İşletme Dergisi 11 (2): 148-61. https://doi.org/10.30855/gjeb.2025.11.2.004.
EndNote
Ateş E (June 1, 2025) The potential effects of the Zangezur Corridor on Türkiye’s foreign trade. Gazi İktisat ve İşletme Dergisi 11 2 148–161.
IEEE
[1]E. Ateş, “The potential effects of the Zangezur Corridor on Türkiye’s foreign trade”, Gazi İktisat ve İşletme Dergisi, vol. 11, no. 2, pp. 148–161, June 2025, doi: 10.30855/gjeb.2025.11.2.004.
ISNAD
Ateş, Erdem. “The Potential Effects of the Zangezur Corridor on Türkiye’s Foreign Trade”. Gazi İktisat ve İşletme Dergisi 11/2 (June 1, 2025): 148-161. https://doi.org/10.30855/gjeb.2025.11.2.004.
JAMA
1.Ateş E. The potential effects of the Zangezur Corridor on Türkiye’s foreign trade. Gazi İktisat ve İşletme Dergisi. 2025;11:148–161.
MLA
Ateş, Erdem. “The Potential Effects of the Zangezur Corridor on Türkiye’s Foreign Trade”. Gazi İktisat Ve İşletme Dergisi, vol. 11, no. 2, June 2025, pp. 148-61, doi:10.30855/gjeb.2025.11.2.004.
Vancouver
1.Erdem Ateş. The potential effects of the Zangezur Corridor on Türkiye’s foreign trade. Gazi İktisat ve İşletme Dergisi. 2025 Jun. 1;11(2):148-61. doi:10.30855/gjeb.2025.11.2.004