The Rise and Fall of Regions: A Hybrid Multi-Criteria Analysis of Türkiye’s Regional Economies’ Sustainable Performance

Nazli Tekman and Muhammed Ordu ()
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Nazli Tekman: Department of Transportation Services, Osmaniye Vocational School, Osmaniye Korkut Ata University, Osmaniye 80010, Türkiye
Muhammed Ordu: Department of Industrial Engineering, Faculty of Engineering and Natural Sciences, Osmaniye Korkut Ata University, Osmaniye 80010, Türkiye

Sustainability, 2025, vol. 17, issue 11, 1-19

Abstract: Macroeconomic indicators are essential measures that reflect the overall economic wellbeing of a region or country and have a significant impact on investment decisions. The data on macroeconomic indicators for Turkish development regions facilitate a comparison of macroeconomic performance between these regions. This kind of analysis can help enhance the development levels of the regions while ensuring resources are used efficiently. This study compares the macroeconomic performance of Turkish development regions between 2019 and 2022 using a hybrid multi-criteria analysis method. A total of 26 regions were evaluated based on seven criteria: GDP, GDP per capita, employment rate, number of enterprises, export, unemployment rate, and import. The criteria were weighted using the Step-Wise Weight Assessment Ratio Analysis (SWARA) method and ranked using the Combined Compromise Solution (CoCoSo) method. This study addresses a gap in the literature by analyzing the macroeconomic performance of Turkish regions, aiming to reduce economic disparities. The results showed that the Istanbul region had the best performance over the 4-year period, while Eastern Anatolia experienced a consistently declining performance, ranking last. Some regions had fluctuating performances, while others maintained steady outcomes. This study advances research by offering a more reliable and comprehensive analysis, thereby contributing to the improvement of future studies on regional economic development.

Keywords: macroeconomic performance; development regions; development agencies; multi-criteria decision making; sustainability (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2025
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