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Trends in Business and Economics
Article . 2025 . Peer-reviewed
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Trends in Business and Economics
Article . 2025
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The Impact of Export Diversification on Economic Growth by Provinces in Türkiye

Authors: Muhammed Benli; Sümeyra Gültekin;

The Impact of Export Diversification on Economic Growth by Provinces in Türkiye

Abstract

Beyond being a national measure of success, export diversification is closely linked to regional development, local employment, innovation capacity, and economic resilience. In the current study, we investigate the impact of export diversification on economic growth by provinces in the case of Türkiye for the period 2004-2018. For the purpose of the study, we employ static panel data models using Fixed Effects (FE) and Random Effects (RE) estimators, which account for unobserved heterogeneity. The findings of the study show that there is a significant negative relationship between per capita income and export intensity (HHI and GINI). In other words, as export diversification increases, per capita incomes increase. On the other hand, the coefficients obtained for the THEIL index are statistically insignificant. Therefore, it can be argued that indices measuring different dimensions of export diversification reflect different effects despite their conceptual similarities. The findings suggest that promoting export diversification can enhance regional economic growth and resilience, indicating that policymakers should prioritize strategies that encourage diversification of export portfolios, especially in underdeveloped regions, to foster balanced economic growth.

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Keywords

export diversification, theil i̇ndeksi, theil index, Economics as a science, HF5001-6182, hhi, panel veri analizi, gini index, i̇hracat çeşitliliği, gini i̇ndeksi, Business, panel data analysis, HB71-74

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
1
Average
Average
Average
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