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Abstract


Sectoral Basis Analysis of Trade Relationship between Turkey and Russia by Network Approach
Turkey has a significant trade relationship as well as political and historical relations with Russia. Share of Russia in Turkey’s export was generated as %1 in 2016 while it was 2,3 % in 2000 and 4% in 2010. When it comes to importing, the share of Russia increased from 7,1 % in 2000 to 11,6 % in 2010. Share of Russia in total import of Turkey was 7,6% in 2016. Russia has a significant share in Turkey’s import although its share in Turkey’s export is not high so much. This indicates how the Turkish economy is dependent on Russia. Energy dependence of Turkey is also a well-known issue. Referring to the importance of the trade relationship between Turkey and Russia, we aim to analyze these relations beyond this general expression and reveal the evolution of the qualitative trade structure via network tools. The data is obtained from the World Input-Output Database (WIOD) and the investigation period is constrained as 2000 – 2014 due to data availability. It is aimed to analyze sectoral trade connections and evolution of this structure over the period.

Keywords
International trade, input-output tables, network analysis, trade relationships, sectoral basis anal


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