(Exploring) the Impact of Turkey's Embassies on Trade with sub-Saharan Africa

Tepeciklioglu, AO; Tepeciklioglu, EE; Karabiyik, C

(Exploring) the Impact of Turkey's Embassies on Trade with sub-Saharan Africa

Authors

Tepeciklioglu, AO

Tepeciklioglu, EE

Karabiyik, C

Publisher

ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD

Abstract

This paper empirically investigates the impact of Turkey's embassies on trade with sub-Saharan Africa (SSA). It uses a panel data set that covers 28 African countries for the period of 2002 to 2020 in order to measure if the opening of an embassy increases Turkey's exports to relevant countries. The study found a positive relationship between exports and diplomatic representation via embassies. More precisely, the empirical results indicate that the presence of an embassy in an African country increases Turkey's exports to this country by 108%. The study also found that the presence of business councils has the same positive effect on Turkey's export performance albeit at a moderate level.