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EnglishWe 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.
| Titolo: | Has Turkey a “Special” Trade Relation With the EU? A Gravity-Model Approach |
| Autori: | |
| Data di pubblicazione: | 2006 |
| Rivista: | |
| 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. |
| Handle: | http://hdl.handle.net/11385/3245 |
| Appare nelle tipologie: | 01.1 - Articolo su rivista (Article) |
File in questo prodotto:
| File | Descrizione | Tipologia | Licenza | |
|---|---|---|---|---|
| 1 - Antonucci_Manzocchi Proofs.pdf | Documento in Post-print | DRM non definito | Administrator |
http://hdl.handle.net/11385/3245
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