TY  - JOUR
TI  - Türkiye Azerbaijan Economic Relations: Bilateral Revealed Comparative Advantage Perspective
AB  - Türkiye is attempting to strengthen its economic relations through regional and global cooperations. Türkiye desires to boost trade volume, diversify trade markets, and become a major player in the area through bilateral or multilateral collaboration with South Caucasus and Central Asian nations, with whom it shares linguistic and cultural affinities. After Azerbaijan declared its independence in 1991, Türkiye established economic relations with Azerbaijan and signed a Preferential Trade Agreement in 2020, in order to take the cooperation to a higher level. The economic relations of the two nations are analyzed in terms of international trade in this study, with the goal of increasing bilateral trade volume and liberalizing trade. Countries are assessed using fundamental macroeconomic variables, and their comparative advantages in bilateral trade are established. Using the bilateral revealed comparative advantage index, the study examined the nations' comparative advantages and export shares by product group. The findings of the study allow for a comparison of product groupings with comparative advantage with the products covered by the Preferential Trade Agreement, as well as a sense of the agreement's potential to enhance trade volume.
AU  - AKAY, Atiye Beyhan
DO  - 10.30586/1348171
PY  - 2023
JO  - Politik ekonomik kuram (Online)
VL  - 7
IS  - Özel Sayı
SN  - 2587-2567
SP  - 225
EP  - 237
DB  - TRDizin
UR  - http://search/yayin/detay/1207692
ER  -