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
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- EP ID EP247381
- DOI 10.7251/EMC16033K
- Views 101
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