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
Keywords
Related Articles
- EP ID EP247381
- DOI 10.7251/EMC16033K
- Views 121
- Downloads 0
DETERMINANTE KREDITNOG RASTA U BANKARSKOM SEKTORU BOSNE I HERCEGOVINE-DETERMINANTS OF CREDIT GROWTH IN BANKING SECTOR OF BOSNIA AND HERZEGOVINA
Credit growth is function of several variables, which are from the domestic banks point of view internal and external. NPL and deposits, on bank level, nominal GDP growth, and inflation have biggest impact on credit grow...
THE IMPACT OF KEY VARIABLES FROM THE WORLD FINANCIAL MARKET ON THE ECONOMY OF BOSNIA AND HERZEGOVINA
Abstract: In line with the previous surveys, conducted in developed economies, we selected a group of variables for the construction of the VAR model. We tested the link between variables of global financial market and d...
EDUCATION AS A KEY DETERMINANT OF DEVELOPMENT AND FACTOR OF UNEMPLOYMENT REDUCTION
Education is a key factor of economic development rate and effectiveness. Improvement and change of social relations mostly depend on human knowledge and educational level. Education has its important objectives – it inc...
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 IMPACTS OF SOCIO-ECONOMIC FACTORS ON MIGRATION ACROSS TURKISH REGIONS: A SPATIAL DATA ANALYSIS
When examining the causes of migration in Turkey, it can be seen that low quality health and education services, imbalanced urbanization, security problem, high level unemployment rate have pivotal role on migration. In...