http://dergipark.gov.tr/download/article-file/414915

• Main Authors: Can KARABIYIK, Büşra KUTLU KARABIYIK
• Format: Article
• Language: English
• Published: Gaziantep University 2018-01-01
• Series: Gaziantep University Journal of Social Sciences
• Subjects: Macroeconomics; International Trade Performance; Multi Criteria Decision Making; TOPSIS; AHP
• Online Access: http://dergipark.gov.tr/download/article-file/414921

Economic performance of countries has been evaluated on several counts from both microeconomic and macroeconomic framework in many empirical studies by using many quantitative technics such as “Multi Criteria Decision Making” methods. After all, this paper has the characteristic of first research which examines international trade performance. Today, governments as well as firms are seeking new opportunities to take a bigger share of global market through trade by managing scarce resources, trade agreements and arrangements, making innovation, increasing productivity et cetera. It is within this context that the authors aim at evaluating international trade performance of OECD countries by using TOPSIS and AHP approaches between 1999-2014 in the light of three foreign trade performance indicators, namely; Volume of Exports Per Capita, Normalized Trade Balance and Terms of Trade. Our findings indicate that Norway, Ireland and Germany are ranked among the top three countries while Turkey, USA and the Greece are the bottom three.