 Contribution and/or dependency: Chinese hegemony on Turkey's mineral exportMikail Başyiğit Resources Policy, 2021, vol. 74, issue C Abstract: The mineral trade volume between Turkey and China has grown rapidly since the beginning of the 2000s. Today, with over 30% of all Turkey's mineral exports, China has become Turkey's largest exporting partner. Considering this level of quantity, it might be risky to rely on one market. Historical market shares were determined to measure the magnitude of the dependency. Following this, market diversity analyses were conducted to understand the market structure. The results pointed out the moderate dependency of Turkish mineral export on China. A mineral-wise sub-analysis showed that the dependency is mostly one-sided and China could easily find alternative exporters or could effortlessly restructure the market share distribution. Another warning coming from China is the economic growth rate. According to the findings of this paper, China's growth rate and mineral demand are directly related. However, the growth rate is diminishing. This study aims to introduce “market dependency to China” and its adverse impacts on the mineral export market. The presented findings and recommendations of this paper add to the literature on market dependency. Keywords: Mineral trade; Market dependency; Market concentration; Monopsony (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:jrpoli:v:74:y:2021:i:c:s0301420721004062 DOI: 10.1016/j.resourpol.2021.102397 Access Statistics for this article Resources Policy is currently edited by R. G. Eggert More articles in Resources Policy from Elsevier |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.