Economic Integration and Trade Flows: Application of the Gravity Model to the Turkic Republics
Synopsis
The Turkic Republics, which gained independence in the post-Soviet era, possess significant potential for regional cooperation due to their historical ties and shared cultural heritage. However, this potential has not yet achieved institutional depth in terms of economic integration.
This study provides a comprehensive analysis that examines this gap at both theoretical and empirical levels. Accordingly, the work addresses the historical transformation, economic structures, and trade relations of the Turkic Republics within a multidimensional framework, starting from the theoretical foundations of regional integration. The analysis, conducted using the panel data method and covering the period from 2000 to 2024, employs a gravity model to test and quantitatively demonstrate the effects of preferential and free trade agreements.
Beyond an academic inquiry, this book serves as a strategic roadmap for the Turkic Republics. Emphasizing that trade agreements must be considered in conjunction with their quality, implementation capacity, and supportive policies, the study offers a robust reference for policymakers, researchers, and regional development actors.
