Economic integration and economic growth: Gravity analysis regarding Turkey and some selected countries

The main aim of this study is to the effects of economic integrations on economic growth and foreign trade. In this direction, the concept of economic integrations is explained and the reasons for how economic integrations have emerged are given. Also, the stages in economic integration and its effects are explained. Moreover, we give some examples of regional economic integrations. Trade analysis of integrations between member countries is made and the effects of globalization and integrations on the growth and foreign trade are mentioned. In addition, the tools used and the policies followed to support economic growth are explained. We analyse the trade between Turkey and some selected developed countries and Middle- Eastern counties by using OLS Estimation Method.