A COMPLEMENTARITY INDEX STUDY: THE CASE OF TURKEY
Öz
This paper aims to understand the trade structure of Turkey in a scientific base. The empirical question is how
much compatible Turkey’s trade is with its partners. After a literature review, we work through the indices
created to gauge a market’s complementarity with another and evaluate the appropriateness of these indices
by examining each and making a comparison between them. Rather than relying upon one of them -of each
has its own pros and cons-, we create a new index which is a combination of other indices found in the
literature. In the end, by applying the related trade data to the concept, calculations show that, for the period
throughout 2011 and 2015 in general, Turkey has the highest complementary trade structure with Kuwait,
Saudi Arabia, Uzbekistan, Qatar and Austria while Singapore, Malta, Greece, India and Japan emerge as the
partner countries with the lowest complementarity with Turkey. The most important feature of this study,
after all, is its being the first searching about the trade complementarity of Turkey.
Anahtar Kelimeler
Kaynakça
- Linnemann, H., & Beers, C. v. (1988). Measures of Export-Import Similarity, and the Linder Hypothesis Once Again. Springer, 445-457.