Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/163428
Authors: 
Jafarli, Said
Year of Publication: 
2017
Citation: 
[Journal:] Journal of Economic Cooperation and Development [ISSN:] 1308-7800 [Place:] Ankara [Publisher:] The Statistical, Economic and Social Research and Training Centre for Islamic Countries (SESRIC) [Issue:] forthcoming
Abstract: 
The Organization of Islamic Cooperation members had proposed the establishment of an Islamic Common Market among themselves in the early 1970s. This notion currently listed among the core objectives of the Organization and, to this end, the members adopted the TPS agreement in 1990. This study provides the first systematic and comprehensive evaluation of the TPS signatories’ potential to increase economic cooperation by applying five different trade indexes. The findings reveal different characteristics of the TPS countries and shed light on their potential for enhancing economic cooperation. In general, the results are in favor of the establishment of a Preferential Trade Agreement among the TPS signatories.
Subjects: 
Islamic Common Market
Export potentials
Trade Intensity Index
Growth Orientation of Markets Index
Trade Complementary Index
Herfindahl-Hirschman Market Concentration index
Herfindahl-Hirschman Product Concentration index
Organization of Islamic Cooperation
Trade Preferential System among the Member States of the OIC
TPS-OIC
JEL: 
F10
F14
F13
F15
F40
F50
F53
Additional Information: 
Forthcoming in September or December 2017 issue of the Journal of Economic Cooperation and Development (ISSN 1308-7800).
Document Type: 
Article

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