Abstract
References
- Abbott, Andrew, J. and Hamid R.Seddighi (1996). Aggregate imports and expenditure components in the U.K.: an empirical analysis, Applied Economics, Vol.28.No.9: 1119-1125.
- Allessandria, G. Kaboski, J.P. and Virgilu Midrigan (2010 ) The Great Collapse of 2008-09 An Inventory Adjustment? NBER Working Paper No.16059. https://www.nber.org/papers/w16059.pdf. Accession date May 25.05.2020.
- Balassa, В. (1978), "Exports and Economic Growth: Further Evidence", Journal of Development Economics. Vol. 5, pp.181-189.
- Bahmani-Oskooee, M. and Farhang, Niraomand (1998) Long-Run Price Elasticities and the Marshalle Lerner condition revisited. Economics Letters.Vol.61.Issue 1, pp.101-109.
- Coyle, Diane(2014) The Future : Twenty- First Century GDP. A Brief But Affectionate History- Revised and Expanded Edition. GDP Princeton University Press. http://www.jstor.com/stable/j.ctvc77mfx.10
- Deaton, A., and J. Muellbauer (1980), "An Almost Ideal Demand System," American Economic Review, 1980, 70(3), 312-326
- Eaton, J, Kortum, S. , Neiman B. and John Romalis ( 2016 ) Trade and the Global Recession .NBER Working Paper No. 16666 Issued in January 2011, Revised in January 2016https://www.nber.org/papers/w16666
- Fioramonti, Lorenzo(2014).The World’s most powerful number: An assessment of 80 years of GDP ideology. Anthropology Today, Vol. 30, No. 2 (April 2014), pp. 12-15 Published by: Royal Anthropological Institute of Great Britain and Ireland. https://www.jstor.org/stable/24030430
- Jorda, O., Sİngh, S.R:, Taylor, Alan M. ( 2020) Longer Run Economic Consequences of Pandemic. NBER and CPER. Working Paper 2020-09 https://www.frbsf.org/economic-research/publications/working-papers/2020/09/Suggested.
- Kuznet, Simon (1934) National Income.Chapter in NBER book National Income, 1929-1932 (1934), Simon Kuznets (p. 1 - 12)
- Published in June 1934 by NBER https://www.nber.org/chapters/c2258
- Kolluri, Bharat R. and Richard C. Torrisi (1987). Aggregate Demand and Elasticities of the Major Oil Exporting Countries. Journal of International Economic Integration, Autumn 1987, Vol.2.No.2.pp.89-103.Stable URL: http://www.jstor.com/stable/23000027
- Lee, C.H. (2020) The Effects of the Depression on Primary Producing Countries. Journal of Contemporary History, Vol. 4, No. 4, The Great Depression (Oct., 1969), pp. 139-155 Published by: Sage Publications, Ltd. Stable URL: https://www.jstor.org/stable/259841
- Levchenko, Andrei,A., Logan.T.L. and Linda L.Tesar (2010) . The Collapse of International Trade During the 2008-2009 Crisis: In Search of the Smoking Gun. NBER Working Paper No.16006.https://www.nber.org/papers/w16006
- Ricardo, David (1835) https://www.adamsmith.org/the-wealth-of-nations
- Samuelson, Robert (2012 ) Revisiting the Great Depression .The Wilson Quarterly, Vol.36.No.1. Winter 2012.pp.36-43. https://www.jstor.org/stable/41484425?seq=1#metadata_info_tab_contents
- Smith, Adam(1776).Wealth of Nations. The.U.K. .....
- Wang and Whalley (2010 ) The Trade Performance of Asian Economies During and Following the 2008 Financial Crisis. NBER Working Paper 16142. https://www.nber.org/papers/w16142.pdf
- Yadav, G. (1977)Variable Elasticities and Non-Price Rationing in the Import Demand Function of Canada, 1956 : 1 — 1973: 4, Canadian Journal of Economics, Vol. 10, No. 4, pp. 702-711
- IMF (2020). Retrieved from https://www.imf.org/en/Publications/WEO/Issues/2020/04/14/weo-april-2020)
Abstract
Purpose- The study aims to estimate the export income of Turkey under the effects Corona Virus Covid 19 Pandemics of 2020.
Methodology- The study employs descriptive statistics analyses for macroeconomic indicators of leading export markets of Turkish economy.
Findings- The analysis shows that Turkish Economy export income would decline 30 percent relative to 2019 due to sudden shock and lockdowns and losses, deaths and illnesses during the first quarter of 2020.
Conclusion- The World Economy has been expected to shrink 3 percent at 2020. This is larger than 1.68 percent decline in growth rate at 2009. In 2009 financial crises, Turkish export volume decreased %30 in 2009. At 2020, the export of Turkey would decrease 30 percent due to decline of import demand of major export markets of EU, OECD and member countries of Islamic Cooperation Countries. However, the World Bank and IMF’s expectations suggest rapid growth in the World economy at 2021.
Keywords
International trade export volume current account Turkish economy corona virus covid-19 pandemics
References
- Abbott, Andrew, J. and Hamid R.Seddighi (1996). Aggregate imports and expenditure components in the U.K.: an empirical analysis, Applied Economics, Vol.28.No.9: 1119-1125.
- Allessandria, G. Kaboski, J.P. and Virgilu Midrigan (2010 ) The Great Collapse of 2008-09 An Inventory Adjustment? NBER Working Paper No.16059. https://www.nber.org/papers/w16059.pdf. Accession date May 25.05.2020.
- Balassa, В. (1978), "Exports and Economic Growth: Further Evidence", Journal of Development Economics. Vol. 5, pp.181-189.
- Bahmani-Oskooee, M. and Farhang, Niraomand (1998) Long-Run Price Elasticities and the Marshalle Lerner condition revisited. Economics Letters.Vol.61.Issue 1, pp.101-109.
- Coyle, Diane(2014) The Future : Twenty- First Century GDP. A Brief But Affectionate History- Revised and Expanded Edition. GDP Princeton University Press. http://www.jstor.com/stable/j.ctvc77mfx.10
- Deaton, A., and J. Muellbauer (1980), "An Almost Ideal Demand System," American Economic Review, 1980, 70(3), 312-326
- Eaton, J, Kortum, S. , Neiman B. and John Romalis ( 2016 ) Trade and the Global Recession .NBER Working Paper No. 16666 Issued in January 2011, Revised in January 2016https://www.nber.org/papers/w16666
- Fioramonti, Lorenzo(2014).The World’s most powerful number: An assessment of 80 years of GDP ideology. Anthropology Today, Vol. 30, No. 2 (April 2014), pp. 12-15 Published by: Royal Anthropological Institute of Great Britain and Ireland. https://www.jstor.org/stable/24030430
- Jorda, O., Sİngh, S.R:, Taylor, Alan M. ( 2020) Longer Run Economic Consequences of Pandemic. NBER and CPER. Working Paper 2020-09 https://www.frbsf.org/economic-research/publications/working-papers/2020/09/Suggested.
- Kuznet, Simon (1934) National Income.Chapter in NBER book National Income, 1929-1932 (1934), Simon Kuznets (p. 1 - 12)
- Published in June 1934 by NBER https://www.nber.org/chapters/c2258
- Kolluri, Bharat R. and Richard C. Torrisi (1987). Aggregate Demand and Elasticities of the Major Oil Exporting Countries. Journal of International Economic Integration, Autumn 1987, Vol.2.No.2.pp.89-103.Stable URL: http://www.jstor.com/stable/23000027
- Lee, C.H. (2020) The Effects of the Depression on Primary Producing Countries. Journal of Contemporary History, Vol. 4, No. 4, The Great Depression (Oct., 1969), pp. 139-155 Published by: Sage Publications, Ltd. Stable URL: https://www.jstor.org/stable/259841
- Levchenko, Andrei,A., Logan.T.L. and Linda L.Tesar (2010) . The Collapse of International Trade During the 2008-2009 Crisis: In Search of the Smoking Gun. NBER Working Paper No.16006.https://www.nber.org/papers/w16006
- Ricardo, David (1835) https://www.adamsmith.org/the-wealth-of-nations
- Samuelson, Robert (2012 ) Revisiting the Great Depression .The Wilson Quarterly, Vol.36.No.1. Winter 2012.pp.36-43. https://www.jstor.org/stable/41484425?seq=1#metadata_info_tab_contents
- Smith, Adam(1776).Wealth of Nations. The.U.K. .....
- Wang and Whalley (2010 ) The Trade Performance of Asian Economies During and Following the 2008 Financial Crisis. NBER Working Paper 16142. https://www.nber.org/papers/w16142.pdf
- Yadav, G. (1977)Variable Elasticities and Non-Price Rationing in the Import Demand Function of Canada, 1956 : 1 — 1973: 4, Canadian Journal of Economics, Vol. 10, No. 4, pp. 702-711
- IMF (2020). Retrieved from https://www.imf.org/en/Publications/WEO/Issues/2020/04/14/weo-april-2020)
Details
| Primary Language | English |
|---|---|
| Subjects | Finance, Business Administration |
| Journal Section | Articles |
| Authors | |
| Publication Date | July 30, 2020 |
| Published in Issue | Year 2020 Volume: 11 Issue: 1 |
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