We apply the gravity model to Turkey’s trade flows over 1967-2001. First, we check whether this model fits Turkey’s geographical pattern of trade in goods. Second, provided that the model works, we assess whether Turkey already has a “special” trade relation with the EU, namely whether merchandise exchanges between the two parties exceed what the gravity approach predicts. The main findings are: i) the gravity model provides a good fit of Turkey’s trade patterns; and ii) despite the 1963 Association agreement, and the customs union launched in 1996, there is no evidence of additional trade between Turkey and the EU.

Has Turkey a “Special” Trade Relation With the EU? A Gravity-Model Approach / D., Antonucci; Manzocchi, Stefano. - In: ECONOMIC SYSTEMS. - ISSN 0939-3625. - 30:(2006), pp. 157-168.

Has Turkey a “Special” Trade Relation With the EU? A Gravity-Model Approach

MANZOCCHI, STEFANO
2006

Abstract

We apply the gravity model to Turkey’s trade flows over 1967-2001. First, we check whether this model fits Turkey’s geographical pattern of trade in goods. Second, provided that the model works, we assess whether Turkey already has a “special” trade relation with the EU, namely whether merchandise exchanges between the two parties exceed what the gravity approach predicts. The main findings are: i) the gravity model provides a good fit of Turkey’s trade patterns; and ii) despite the 1963 Association agreement, and the customs union launched in 1996, there is no evidence of additional trade between Turkey and the EU.
File in questo prodotto:
File Dimensione Formato  
1 - Antonucci_Manzocchi Proofs.pdf

Solo gestori archivio

Tipologia: Documento in Post-print
Licenza: DRM non definito
Dimensione 153.56 kB
Formato Adobe PDF
153.56 kB Adobe PDF   Visualizza/Apri
Pubblicazioni consigliate

Caricamento pubblicazioni consigliate

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/11385/3245
Citazioni
  • Scopus 43
  • ???jsp.display-item.citation.isi??? ND
social impact