Analysis of Comparative Advantages in Exports of Turkey and Azerbaijan on the basis of Technology Intensity
Abstract
Turkey’sforeigntradestrategy in recentyears, primarily has toreducethetradedeficit (andcurrentaccountdeficit) byincreasingtheexport. However, decreasingconcentration in export has beenrevealed as an importantgoalbyeconomypolicymakers. Because, decreasingconcentration (increasingdiversification) in exportplays an important role toachievethecompetitiveadvantage of Turkey in theglobaleconomy. Inthisstudycoveringtheyears 2000-2014, thelevel of productand market concentration in Turkey’sexportwasdeterminedbyusingConcentrationRatio of Commerce andGini-Hirschman Index. Accordingtotheanalysis, it has beenrevealedthatproductand market concentrationshavedecreased.
Keywords
Export,SITC Technology Classification,Comparative Advantages,Turkey,Azerbaijan
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