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Economic Growth Effects of Economic Integration: An Economic Analysis on Turkish Economy in the Context of the European Union and Shanghai Cooperation Organization   
Yazarlar
Ülker Çam
Sivas Cumhuriyet Üniversitesi, Türkiye
Adem Karakaş
Aydın Adnan Menderes Üniversitesi, Türkiye
Dr. Öğr. Üyesi Samet TOPAL
Kafkas Üniversitesi, Türkiye
Özet
For many years the EU countries in Turkey's foreign trade is seen as the main trading partners. However, due to particularly inenergy and raw material trade, shares of countries that are members of the Shanghai Cooperation Organization (SCO), especiallythe Russian Federation and China. also increased in the foreign trade of Turkey. The main purpose of the study is to discuss thecomparative view of EU and SCO in the foreign trade of Turkey which goals to be an economic power in its region and reveal theeffectiveness of trade with these two trading blocks for Turkey’s economic growth. In the study, data from 6 EU countries and 6SCO member countries with the highest transaction volume between the years of 2000-2017 were used. Place of 12 countriesthat considired approximately 42% in the foreign trade of Turkey. The results of the analysis of both trade blocs have beenconsidered to be very important for Turkey's economy. Trading ( import-export) both with EU and SCO countries influenceTurkey’s economic growth and variables in both the short and long term shows the presence of a meaningful relationship.Economic growth and foreign trade data show that there is a bi-directional causality between the two trading blocks.
Anahtar Kelimeler
Makale Türü Özgün Makale
Makale Alt Türü Ulusal alan endekslerinde (TR Dizin, ULAKBİM) yayımlanan tam makale
Dergi Adı Alphanumeric Journal
Dergi ISSN 2148-2225
Dergi Tarandığı Indeksler TR DİZİN
Makale Dili İngilizce
Basım Tarihi 12-2019
Cilt No 7
Sayı 2
Sayfalar 185 / 204
Doi Numarası 10.17093/alphanumeric.604525
Makale Linki https://dergipark.org.tr/tr/doi/10.17093/alphanumeric.604525