According to Newton's law of gravity, the force of gravity between two bodies is inversely proportional to the square of the distance between them and the size of the bodies. When the Model is adapted to foreign trade, the volume of trade between the two countries varies in direct proportion to the national income of the countries and in inverse proportion to the distance between them. In this study, the shooting model was applied on Turkey's exports to the G-20 countries. The model included 10 years of panel data covering 19 countries and 2010-2009. In the model, Turkey's exports are the dependent variable. The independent variables used are the gross domestic product of Turkey and the partner countries, the distance to their populations and the capitals of the partner countries to the capital of Turkey, and the puppet variable of the customs union. In the analysis, the gross domestic product of Turkey and other countries was positive and significant. The coefficients of the population variables of Turkey and other countries were found to be meaningless. The coefficient of the distance variable was also found to be meaningless. The effect of the customs union on Turkey's exports was found to be positive and meaningful.
|Yayımlanma Tarihi||15 Eylül 2020|
|Yayınlandığı Sayı||Yıl 2020 Cilt: 1 Sayı: 1|