Article

The Impact of a Customs Union between Turkey and the EU on Turkey's Exports to the EU

JCMS Journal of Common Market Studies (Impact Factor: 1.31). 02/2007; 45(09):719-743. DOI: 10.1111/j.1468-5965.2007.00728.x
Source: RePEc

ABSTRACT This article investigates Turkey's sectoral trade flows to the EU based on panel data from the period 1988 to 2002. Turkey's 16 most important export sectors are analysed. Emphasis is placed on the role of price competition, EU protection and transport costs in the export trade between Turkey and the EU. The empirical model used is an extended version of the gravity model. This study is also a contribution to the current discussion of whether Turkey should be granted full EU membership or a privileged partnership with the EU, which for Turkey would mean improved access to the EU market for its products, among other benefits. Our investigation focuses on the latter policy outcome: the impact of deepening the customs union between Turkey and the EU and applying the common agricultural policy (CAP) to Turkish agricultural exports. To this end, the impact of the 1996 customs union covering most industrial goods and processed agricultural goods, is evaluated on a sectoral level. We also perform simulations to quantify the impact of the potential inclusion of agricultural goods, as well as iron and steel and products thereof, into the full customs union between Turkey and the EU which is still to come. Copyright (c) 2007 The Author(s); Journal compilation (c) 2007 Blackwell Publishing Ltd.

0 Bookmarks
 · 
129 Views
  • Source
    [Show abstract] [Hide abstract]
    ABSTRACT: Turkey and the benefits of supranational regulations What is the impact of European integration? IPEMED, the world Mediterranean Economic Foresight Institute, is a non-profit organisation, which strives to integrate the countries of the North and South of the Mediterranean via economic means. Since its creation in February 2006, it raises awareness of the common future and interests of the Northern and Southern countries of the Mediterranean. IPEMED adheres to the principles of political independence and North-South parity in its governance and operations. It accords priority to the economy, favours an operational approach to projects, and works to a long-term perspective. Radhi Meddeb is the President of IPEMED; Jean-Louis Guigou, his founder Delegate General. construire la méditerranée La collection Construire la Méditerranée a été créée en 2009 par ipemed. Les experts d'ipemed, originaires des deux rives de la Méditerranée, y croisent leurs réflexions pour contribuer au débat sur les grandes problématiques méditerra néennes, féconder une nouvelle approche des relations Nord-Sud et formuler des propositions utiles aux populations des pays du Bassin méditerranéen. Les études publiées dans la collection Construire la Méditerranée sont validées par le Comité scientifique d'ipemed. Elles sont disponibles sur le site Internet d'ipemed. www.ipemed.coop
  • [Show abstract] [Hide abstract]
    ABSTRACT: This study assesses how the growth rates of Turkish trading partners affected Turkish exports in various sectors for the period 1996:01 to 2009:12. To determine this, we modeled the destination countries and the export demand for each sector separately. Each model is estimated as a system of equations, where each equation represents a country using a seemingly unrelated regression method. The empirical evidence suggests that Motor Vehicles, Basic Metals, and Radio–Television are the sectors with the highest income elasticities for most of the analyzed countries, whereas the Food Products and Beverages sector has the lowest income elasticity. We also performed simulations for the effect of a 1% increase in the growth rate of each country on Turkish exports.
    Economic Modelling 02/2014; 37:476–484. · 0.70 Impact Factor
  • [Show abstract] [Hide abstract]
    ABSTRACT: We use new data on transportation to determine its effect on the international trade of eastern and southern Africa (ESA). The effects were estimated with gravity models using alternative techniques to check for robustness. Freight forwarders provided information on freight charges (price), average duration of shipment (time) and variability in time. The new transportation variables and the more commonly used distance variable appear to have smaller effects overall than some previous research indicated, although our distance coefficient is identical to that of Coulibaly and Fotagné for West Africa. In contrast to other research critical of distance as a proxy for transport impediments, we find similar effects from distance and our measure of transport time, but both of these variables have significantly larger coefficients than price and variability. Landlocked ESA countries are twice as dependent on trade as the whole region after accounting for control variables, but they are not significantly more affected by changes in price and time, and they are less affected by distance and variability. The relative size of the time coefficients suggests that measures to lessen delays in shipping, for instance, faster border clearance, might encourage more trade than cost cutting measures that lowered price proportionately.
    South African Journal of Economics 06/2013; 81(2). · 0.43 Impact Factor

Full-text (2 Sources)

Download
216 Downloads
Available from
May 20, 2014