A COMPARATIVE SPATIAL ANALYSIS OF THE POSSIBLE EFFECTS OF ECONOMIC CRISIS IN GREECE AND RUSSIA ON PROVINCES IN TURKEY
Journal Title: EMC Review: Časopis za ekonomiju i tržišne komunikacije - Year 2016, Vol 6, Issue 1
Abstract
After 2008 global financial crisis some Europe countries which have excessive debtburden especially Greece, Iceland, Spain etc. effected negatively more than the others. Onthe other hand decrease in oil prices eff ected negatively some exporter countries for instanceRussia, Venezuela etc. in this period. Greece and Russia are neighbor countries that has significant role on Turkey’s foreign trade. In this aspect, it has been occurred some potential risksfor provinces in Turkey which exporting to Greece and Russia.Th is study aims to examine the possible eff ects of Greek and Russian economic crisis for provincesof Turkey by using spatial data and techniques. To identify risky areas first, it is createddiff erent choropleth maps of Turkey by using province based export data in particular Greeceand Russia. Second, spatial dimensions of potential risks are discussed.To test spatial dimensions of the variables, we perform an exploratory spatial data analysison export values for provinces of Turkey. While our choropleth maps indicate that the somepart of the country is signifi cantly more related to foreign trade of the countries than the others, the tools of spatial statistics reveal the presence of spatial dependence across provinces. Th epresence of heterogeneity is refl ected in the distribution of LISA statistics. Overall, this paperis original in terms of analyzing spatial dimensions of a current economic issue for provincesacross Turkey.
Authors and Affiliations
Ilhan Korkmaz, Fatih Celebioglu
CORRUPTION, CAPITAL ABUNDANCE AND ECONOMIC DEVELOPMENT: EVIDENCE FROM THE EUROPEAN UNION COUNTRIES
The aim of this paper is to establish and clarify the relationship between corruption level and development among European Union countries. Out of the estimated model in this paper one can conclude that the level of corr...
TAJNA DIPLOMATIJA I INTERESNE SFERE: PRIMER BALKANSKOG POLUOSTRVA - SECRET DIPLOMACY AND INTERESTED SPHERES: THE CASE OF BALKAN PENINSULA
The phenomena of secret diplomacy and spheres of influence are closely related. History of international relations testify that the most common areas of interest are established through secret diplomacy. Nothing in this...
THE IMPORTANCE OF THE RETAIL CREDIT PORTFOLIO FOR ECONOMIC GROWTH OF MACEDONIA
The aim of this paper is to evaluate the infl uence of trends in retail loan portfolio onthe consumption and economic growth of Macedonia. The consumption of population is one ofthe components of GDP, and one of its driv...
SYSTEMATIC BUSINESS RISKS MANAGEMENT IN AIRLINES - CROATIA AIRLINES CHALLENGES
Systematic risk management in airlines is of multi-dimensional nature characterized mostly by international regulation elements, especially when dealing with high safety and security standards of aircraft operations and...
ORGANIZATIONAL CHANGES SUPPORTED IT AS A RESPONSE TO CHALLENGES OF GLOBALIZATION
Organizations in today’s era must have the capability for innovations and changes, not only to achieve prosperity, but also to survive in a world of increasing competition. The international economic integration, the mat...