AZERBAYCAN-TÜRKİYE DIŞ TİCARET İLİŞKİLERİNİN EKONOMETRİK ANALİZİ
Econometric Analysis of Azerbaijan-Turkey Foreign Trade Relations

Summary/Abstract: Aim: The study on the relations between Azerbaijan and Turkey's foreign trade examined the effect of the two main export products of the two countries on one another mutually, namely causality relation among 2007-2014. The aim of this article is to examine the foreign trade activities of Azerbaijan and to reveal the reasons why foreign trade relations can not be at the required level, despite the fact that there are very historical and cultural ties between Azerbaijan and Turkey. Method: This article Trade relations between Azerbaijan and Turkey "VAR Model" has been analyzed using. Findings: In this study Johensen Cointegration test findings showed that there is no long term relation between variables for Azerbaijan crude oil, for Turkey vegetables, fruits and shelled fruits and shelled vegetables. Results: The empirical results of the study show that it has not a mutual influence on the each other of the two countries.

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