The evaluation of Turkey's foreign trade with different country groups within the framework of the gravity model

The gravity model is based on the law known as gravitational discovered by Newton and was first used Tinbergen to explain foreign trade flow. It assumes that size of countries affects flow positively distance variable negatively. After collapse Soviet Union, Black Sea Economic Cooperation Organization established under leadership Turkey develop with declared their autonomy. Similar story disintegrating Soviets, Balkan Countries also independence leaving Yugoslavia. This study aims investigate whether appropriate Turkey’s exports imports (BSEC), selected during 1996-2019 period. Export import were dependent variables. Gravity variables such GDP, distance, population, language common border respective countries. For all these models, panel data analysis techniques employed; pooled, random fixed effects models estimated then tests for selection carried out choose most model. determined, assumption executed. As a result study, it concluded suitable country groups. results suggested while explaining factors affecting some groups, further not