Economic Growth Path of EU Countries and Turkey under the Consideration of E-commerce Market
Ahmet Salih İKİZ

Abstract
With the end of World War II, the Europe region began to focus towards development of the economy. Since then, large scale development of the economy has taken place across Europe with the integration of innovative technological solutions. Today, ecommerce is a budding phenomenon in Europe, showing more promise than most other industries due to its contribution to the region’s foreign investment inflows, economic growth and exports. This study examined the contribution of ecommerce market in economic growth of EU-15, EU-27 and Turkey region for the period 2005-2019. The analysis shows the ecommerce market of EU-27 is developed while there is limited usage of the internet and ICT in Turkey, which enhances opportunities for growth in the region.The findings of this study reveal that among the chosen regions i.e. EU-15, EU-27, and Turkey, the positive contribution of ecommerce towards economic growth can be witnessed for EU-27 and Turkey.

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