International Conference on Eurasian Economies
9-11 September 2015 – Kazan, RUSSIA
Paper detail
Paper ID : 1270
Status : Paper published
Language : Turkish
Topic : Regional Economics
Presenter: Prof. Dr. Ziya Gökalp Göktolga
Session : 6B Bölgesel Ekonomiler II
Comparison of the Economic Performance of Turkish Republics in Central Asia with TOPSIS Method
Orta Asya Türk Cumhuriyetlerinin Ekonomik Performanslarının TOPSIS Metodu ile Karşılaştırılması
- Prof. Dr. Ziya Gökalp Göktolga (Cumhuriyet University, Türkiye)
- Asst. Prof. Dr. Engin Karakış (Cumhuriyet University, Türkiye)
- Asst. Prof. Dr. Hakan Türkay (Cumhuriyet University, Türkiye)
Abstract
The aim of this study is to compare the economic performance of Turkish Republics in Central Asia with Multi Criteria Decision Making (MCDM) methods. Turkish Republics have been experiencing a transition from a centrally planned economy towards a market economy since their independence. In this study important macroeconomic indicators are used to determine economic performance. Economic performance evaluation of the country is an important issue for economic management, investors, creditors and stock investors. Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) method outranks the countries according to the proximity of the positive ideal solution and distance of the negative ideal solution. Economic Performance of Turkish Republics in Central Asia (Azerbaijan, Turkmenistan, Kazakhstan, Kyrgyzstan, and Uzbekistan) are compared with TOPSIS method. İnvestigated with TOPSIS method countries best and worst economic performance years are detected during mentioned period and results are analyzed.
JEL codes: C44
Göktolga, Ziya Gökalp, Karakış, Engin, Türkay, Hakan (2015). "Comparison of the Economic Performance of Turkish Republics in Central Asia with TOPSIS Method" in Proceedings of International Conference of Eurasian Economies 2015, pp.321-329, Kazan, RUSSIA.
DOI: https://doi.org/10.36880/C06.01270
Session 6B: Bölgesel Ekonomiler II
