Gravity Model–Based Export Potential : An Application to Turkey
This paper presents a framework to study countries’ export potentials. It uses a gravity model to develop measures of export and trade policy potentials at the aggregate, bilateral, and industry levels. The methodology is applied to the case of Tur...
| Main Authors: | , |
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| Format: | Working Paper |
| Language: | English |
| Published: |
World Bank, Washington, DC
2021
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/716811614628943473/Gravity-Model-Based-Export-Potential-An-Application-to-Turkey http://hdl.handle.net/10986/35206 |
| Summary: | This paper presents a framework to study
countries’ export potentials. It uses a gravity model to
develop measures of export and trade policy potentials at
the aggregate, bilateral, and industry levels. The
methodology is applied to the case of Turkey. The analysis
finds that Turkey was moderately under-exporting over
2010-17. The United States, China, and Japan are important
untapped destination markets, accounting for US$29 billion
(16-17 percent of total exports) of missing exports.
Industry-level results suggest that Turkey has high export
potential in the electronics and chemical industries. |
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