Vol. 7 No. 2 (2019): Business & Management Studies: An International Journal


Memduh Alper DEMİR
Research Asisstant, Kastamonu University
Mustafa BİLİK
Research Asisstant, Dokuz Eylül University
Prof. Dr., Dokuz Eylül University

Published 2019-06-26


  • Efficiency, Stochastic Frontier Analysis, Gravity Model, Foreign Trade, Turkey, the European Union
  • Etkinlik, Stokastik Sınır Analizi, Çekim Modeli, Dış Ticaret, Türkiye, Avrupa Birliği

How to Cite

DEMİR, M. A., BİLİK, M., & UTKULU, U. (2019). THE EFFICIENCY OF MANUFACTURING TRADE BETWEEN TURKEY AND THE EUROPEAN UNION. Business & Management Studies: An International Journal, 7(2), 591–608. https://doi.org/10.15295/bmij.v7i2.1114


In this study, the manufacturing trade efficiency of Turkey with the European Union-25 (EU-25) is examined by applying stochastic frontier gravity model over the period of 2006–2016. In addition, this study is analyzed whether there is a convergence in efficiency of manufacturing trade between Turkey and the EU-25. Findings show that Turkey’s average trade efficiency score is 56,3% and it ranged from 0,01% to 92,5% for all countries. Manufacturing trade flow of Turkey is significantly affected by income, market size of the trading partner and the distance between them. The findings also suggest that trade flows are affected by the global financial crisis.


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