Kurt, Duygu Baysal; Çoban, Orhan

Traditional foreign trade theories explain inter-industry foreign trade that\rarises from factor endowment differences. In other words, traditional\rforeign trade theories argue that inter-industry trade takes place between\rcountries with different levels of development. In this context, these theories\rare insufficient to explain foreign trade between countries with same levels\rof development. The concept of intra-industry trade was used to explain\rforeign trade between developed countries, and then it was also used for\rforeign trade between countries with different levels of development. When\revaluated from this point of view, the concept of intra-industry trade has an\rimportant place in both economics and foreign trade literature.\rWhen Turkey's foreign trade data is examined; EU (European Union) as a\rforeign trade partner and the manufacturing industry as a sector come to the\rfore. The main purpose of this study is to measure intra-industry trade\rbetween Turkey and EU countries in the manufacturing industry for the\rperiod 1996-2017 and is analyzing the determinants.\rIn the literature, there are many indices with static, semi-dynamic and\rdynamic properties to measure intra-industry trade. In this study, while\rmeasuring the level of intra-industry trade, GL (Grubel-Lloyd) index was\rused. Also, in the analysis that is revealed the determinants of intra-industry\rtrade, AE (Aquino) index in addition to GL index was used. System\rGeneralized Method of Moments (SGMM) was used for revealing the\rdeterminants of intra-industry trade between Turkey and EU countries\rTurkey in the manufacturing industry. According to the GL index, more\rthan 40% of foreign trade of Turkey’s manufacturing industry with Spain\rand Italy consists of intra-industry trade. According to the SGMM results,\rthe variables that are insignificant in both the GL index and the AE index are\rthe trade openness of the trading partner and border neighborhood. SGMM\rresults show that the increases of the GDP (gross domestic product)\rdifference, GDP per capita difference, trade openness difference, distance\rbetween the two countries and trade imbalance decrease intra-industry\rtrade in the manufacturing industry. In addition, the increases of the\raverage GDP of two countries, Turkey’s trade openness against the trading\rpartner and trade intensity raises intra-industry trade in the manufacturing\rindustry. It was determined that sharing the same sea, which is considered\ras a dummy variable in the analysis, positively affects intra-industry trade.

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