Analysis of the globalization relationship with foreign trade in context Turkey's foreign trade and KOF index of globalization
Abstract views: 82 / PDF downloads: 63
Keywords:Foreign Trade, Globalization, KOF Globalization Index, Polynomial Regression
The needs are constantly increasing and diversifying depend on the population growth and technological developments. Countries whose national resources are insufficient to meet these needs import by turning to foreign resources. In addition, countries also export to ensure their growth and development and to increase the welfare of the country. In fact, they are able to produce and sell under more favorable conditions by realizing their production in different countries through direct foreign capital investments. All these activities bring countries closer together economically, politically, socially and culturally with the effect of their technological developments. This process actually refers to globalization defined differently with various approaches. Foreign trade has contributed significantly to the development and spread of globalization, and at the same time, globalization has also contributed to foreign trade to operate more easily and effectively. In short, foreign trade and globalization contribute to each other's development in an interaction. This interaction in this study were analyzed using Turkey's foreign trade and the KOF Index of Globalization values, and "Simple and Multiple Correlation" and "Simple Linear and Binary Polynomial Regression" analyzes were performed. As a result of the analysis, it was determined that there is a significant and high interaction between globalization and foreign trade.
ALHANAQTAH O. (2016), Analysis Of Divergence Of Western Asia In Terms Of Economic Globalization, Trade And Foreign Direct Investment. Economy & Business, Journal of International Scientific Publications. Science Events Ltd, Vol.: 10. Issue: 1. pp.366-374. ISSN 1314-7242. Burgas, Bulgaria. https://www.scientific-publications.net/get/1000019/1472363353887071.pdf, Son Erişim: 10.08.2020
AKBULUT YILDIZ G., TOSUN B. (2019, The Effect of Globalization on Foreign Trade: The Case of BRICS Countries. Studies on Interdisciplinary Economics and Business Volume II, Editor: Ö. Özçelik. Publisher: Peter Lang GmbH, printed by CPI Books GmbH, Leck. pp.107 – 114. SN - 978-3-631-79729-7. DOI:10.3726/b16227
ARRIBAS I., PEREZ F., TORTOSA-AUSINA E. (2009), Measuring Globalization of International Trade: Theory and Evidence. World Development. Elsevier Ltd. Volume 37. Issue 1. January 2009. pp. 127-145. ISSN: 0305-750X. https://doi.org/10.1016/j.worlddev.2008.03.009
CHEN L., INTAL PONCIANO S., Jr. (2017), ASEAN Foreign Trade, Investment, and Integration in Comparative Perspective, ASEAN and Member States: Transformation and Integration. Edited by P. Intal, Jr. & L. Chen. ERIA Economic Research Institute for ASEAN and East Asia, Department of Foreign Affairs Republic of the Philippines. pp. 13 – 33. ISBN: 978-602-8660-99-0
ÇÜTCÜ İ. (2017), The Relation of Foreign Trade and Globalization: A Practice in Turkey, Development & Growth Economic: Impact of Globalization. First Edition. Global Studies. Vol.3. Edited by: F. Morady, H. Kapucu & Ö. Yalçınkaya. IJOPEC Publication No: 40/1. International Journal of Politics & Economics, London, Kayhan Printing Co Ltd., İstanbul, pp.243 – 261. ISBN: 978-1-9997035-0-9
DIMA S. (2016), Globalisation, Trade Openness and Foreign Direct Investment in Romania. Studia Universitatis Economics Series. Volume: 26, Issue: 4, Year: 2016. De Gruyter. “Vasile Goldis” Western University of Arad. Walter de Gruyter GmbH. pp.41 – 53. Electronic ISSN:2285-3065, Print ISSN:1584-2339. DOI: 10.1515/sues-2016-0018
EFREMOV V. S., VLADIMIROVA I. G. (2019), Globalization of The World Economy: Features Of The Current Stage. Economic and Social Development 40th International Scientific Conference on Economic and Social Development – Buenos Aires. 10-11 May 2019. Book of Proceedings. Editors: V. Beker, A. Lackovic & G. Pavelin. Varazdin Development and Entrepreneurship Agency. pp.27 – 36. ISSN: 1849 - 7535
GYGLI S., HAELG F., POTRAFKE N., STURM J. (2019), The KOF Globalisation Index – revisited. The Review of International Organizations. Editor-in-Chief: A. Dreher. Springer US. Volume 14. Issue 3. pp. 543–574. ISSN: 1559-7431. Online ISSN: 1559-744X, 28 January 2019. https://doi.org/10.1007/s11558-019-09344-2
HUH H-S., PARK C-Y. (2019), A New Index of Globalization: Measuring Impacts of Integration on Economic Growth and Income Inequality. Asian Development Bank-ADB. ADB Economics Working Paper Series. No.587, July 2019, Manila. Print: ISSN 2313-6537. Electronic: ISSN 2313-6545. DOI:http://dx.doi.org/10.22617/WPS190245-2
MAIGA O. A., HU X., MEKONGCHO T. M., COULIBALY S. K. (2018), Effects of Economic Globalization, Foreign Capital Influx on Export in ECOWAS. Edited by: J. Pelzman. Global Economy Journal. Vol. 18, No. 4, 20180055. https://doi.org/10.1515/gej-2018-0055. The Official Publication of the International Trade and Finance Association. World Scientific. Walter de Gruyter GmbH. Berlin. ISSN: 1553-5304
METIN İ., AKCAN A. T. (2017), Küreselleşmenin Dış Ticarete Etkisi: Türkiye Analizi. Journal of Current Research on Business and Economics (JoCReBE). Year: 2017, Volume: 7, Issue: 2. s.257 – 268. ISSN: 2547-9628. doi: 10.26579/jocrebe-7.2.15
MONTGOMERY D. C., PECK E. A., VINING G. G. (2012), Introduction to Linear Regression Analysis. 5th ed. John Wiley & Sons, Inc. New Jersey, USA.
PEKER, K.Ö., ER, F., BAL, C. ve SÖNMEZ, H. (2017), Sağlık Alanında İstatistik. 2. bs. Editör: H. Sönmez. Anadolu Üniversitesi Yayınları. Eskişehir.
POLAT Ç., PEKER K. Ö. (2016), Makro Ekonomik Değişkenlerin Firma Performansına Etkileri: Türkiye Otomotiv Sektörü Kapsamında Analizi. Eskişehir Osmangazi Üniversitesi Sosyal Bilimler Dergisi. Haziran 2016. Cilt:17. Sayı:1. ss.21-60. Eskişehir
POLAT Ç., PEKER K. Ö. (2020), Küreselleşme ve Ekonomik Büyüme İlişkisi: Türkiye Örneğinde Bir Değerlendirme. İnsan ve Toplum Bilimleri Araştırmaları Dergisi. Journal of the Human and Social Sciences Researches. Cilt/Volume: 9. Sayı/Issue: 5. Yıl: 2020. İstanbul. ISSN: 2147-1185. ss. 3988/4015. https://doi.org/10.15869/itobiad.779553
SAVRUL M., İNCEKARA A. (2015), The Effect of Globalization on International Trade: The Black Sea Economic Cooperation Case. International Conference on Eurasian Economies – 2015. Eurasian Economists Association. 09 – 11 September 2015. pp.88 – 94. Kazan – Russia. ISBN: 978-975-6319-24-6
SHITTU W. O., YUSUF H. A., EL HOUSSEIN A. E. M., HASSAN S. (2020), The impacts of foreign direct investment and globalisation on economic growth in West Africa: examining the role of political governance. Emerald Publishing Limited. FDI, Globalisation And Growth. ISSN: 0144-3585, Journal of Economic Studies. Vol. ahead-of-print No. ahead-of-print. pp.1733-1755. https://doi.org/10.1108/JES-09-2019-0446, Son Erişim: 10.08.2020
SURUGIU M – R., SURUGIU C. (2015), International Trade, Globalization and Economic Interdependence between European Countries: Implications for Businesses and Marketing Framework. Edited by S. Daniel. Elsevier Ltd.. Emerging Markets Queries in Finance and Business. Procedia Economics and Finance. Year: 2015. Vol.: 32. ISSN: 2212-5671. pp.131 – 138
UYGUR E., UYGUR F. (2013), Fransız Sömürgecilik Tarihi Üzerine Bir Araştırma. Turkish Journal of Social Research / Türkiye Sosyal Araştırmalar Dergisi. Vol./Yıl: 17. Issue/Sayı: 3. ss. 273-286. Aralık 2013. Ankara. ISSN: 1301-370X
URL – 1 A brief history of globalization. https://www.weforum.org/agenda/2019/01/how-globalization-4-0-fits-into-the-history-of-globalization/, Son Erişim: 23.06.2020
How to Cite
Copyright (c) 2022 Holistence Publications
This work is licensed under a Creative Commons Attribution 4.0 International License.
When the article is accepted for publication in the Journal of Orijinal Studies, authors transfer all copyright in the article to the Holistence Academy Ar-Ge Yazılım Yayıncılık Eğitim Danışmanlık ve Organizasyon Ticaret Ltd. Şti.The authors reserve all proprietary right other than copyright, such as patent rights.
Everyone who is listed as an author in this article should have made a substantial, direct, intellectual contribution to the work and should take public responsibility for it.
This paper contains works that have not previously published or not under consideration for publication in other journals.