International Conference on Eurasian Economies

4-5 November 2010 – Istanbul, TURKEY

Paper detail

Paper ID : 212
Status : Paper published
Language : Turkish
Topic : International Trade and Globalization
Presenter: Assoc. Prof. Dr. Murat Ozan Başkol
Session : 6A Uluslararası Ticaret

Intra-Industry Trade between Turkey and Central Asian Turkic Republics
Türkiye ile Orta Asya Türk Cumhuriyetleri Arasındaki Endüstri-İçi Ticaretin Analizi

• Assoc. Prof. Dr. Murat Ozan Başkol (Uludağ University, Türkiye)

Abstract

Intra-industry trade gained considerable importance in international economics literature in recent years. Today almost one forth of world trade has intra-industry trade nature, which is defined as trade within industries rather than between industries. In other words, intra-industry trade is the simultaneous export and import of goods within the same industry. The most widely used measure of intra-industry trade is Grubel-Lloyd (GL)Index. GL Index measures the extent of intra-industry trade in a particular industry or an economy as a whole. According to GL Index, an index of IIT in trade of industry i goods with country j is computed as : IIT = [ 1 - ( Xij - Mij ) / (Xij + Mij) ] * 100 Grubel-Lloyd Index for an economy, as a whole, is an arithmetic average of the index for individual sectors weighted by their share in the economy’s total trade. IIT = [ 1 - (Σ ( Xij - Mij ) / Σ (Xij + Mij) ] * 100 ( where X ij and M ij are home country’s exports of industry i goods to country j and imports of industry i goods from country j, respectively.) Grubel-Lloyd Index ranges from 0 to 100 and can be expressed as a percentage of the total trade. Higher index values are associated with greater intra-industry trade as a proportion of total trade. The aim of this study is to examine the share of intra-industry trade in Turkey’s foreign trade with Central Asian Turkic Republics within the period 1992 to present by using . For this purpose this paper calculates Grubel-Lloyd index by using the data SITC Rev.3 at 3 digit.

JEL codes: F10, F12, F14

Başkol, Murat Ozan (2010). " Intra-Industry Trade between Turkey and Central Asian Turkic Republics" in Proceedings of International Conference of Eurasian Economies 2010, pp.386-391, Istanbul, TURKEY.

DOI: https://doi.org/10.36880/C01.00212

Full paper in PDF format.

Session 6A: Uluslararası Ticaret