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Turkish delight for some, cold Turkey for others? : The effects of the EU-Turkey Customs Union

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dc.creator Adam, Antonis
dc.creator Moutos, Thomas
dc.date 2005
dc.date.accessioned 2013-10-16T07:02:24Z
dc.date.available 2013-10-16T07:02:24Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/19014
dc.identifier ppn:503668419
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/19014
dc.description Following Turkey?s application for EU membership in 1987, a Customs Union (CU) between Turkey and the EU, mainly covering trade in manufacturing goods and processed agricultural products, came into effect in 1995. In addition to a large agricultural sector, Turkey also specializes in the production and exportation of relatively low-price, low-quality varieties of manufactured products. We use a theoretical framework in order to demonstrate that these features of the Turkish economy imply asymmetric changes in the trade volumes of the incumbent countries of the EU as a result of the EU-Turkey CU. By examining disaggregated trade data we find that the technologically sophisticated EU countries (e.g., mainly the Northern European countries) are also least similar to Turkey in terms of their export structure, whereas the degree of export similarity between the less technologically sophisticated EU members and Turkey is high. Our econometric results indicate that, in contrast to the ?Northern? group?s exports to other EU15 countries (which have remained intact), the Southern countries?s exports to the other EU15 countries have declined as a result of the EU-Turkey CU. Moreover, the extra penetration of the Turkish market by EU countries has not been more favourable to the Southern group. These findings also imply that technologically sophisticated countries may see no significant further benefits from Turkey?s full accession to the EU (whereas the migration and political influence related costs for these countries may be large).
dc.language eng
dc.publisher
dc.relation CESifo working papers 1550
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject F15
dc.subject F13
dc.subject ddc:330
dc.subject European Union
dc.subject Turkey
dc.subject customs union
dc.subject exports
dc.subject gravity
dc.subject differentiated products
dc.subject Zollunion
dc.subject Wirtschaftspolitische Wirkungsanalyse
dc.subject Außenhandelseffekt
dc.subject Internationale Arbeitsteilung
dc.subject Außenhandelsstruktur
dc.subject Gravitationsmodell
dc.subject Schätzung
dc.subject Theorie
dc.subject Türkei
dc.subject EU-Staaten
dc.subject Nordeuropa
dc.subject Südeuropa
dc.title Turkish delight for some, cold Turkey for others? : The effects of the EU-Turkey Customs Union
dc.type doc-type:workingPaper


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