Do Regional Trade Agreements Actually Increase Turkey's Foreign Trade

Date

2015-11-04

Author

Mavuş Kütük, Merve
Akbostancı Özkazanç, Elif

Metadata

Show full item record

Item Usage Stats

154
views

0
downloads

After the deadlock of World Trade Organization Doha trade negotiations since 2000, trade agreements like Customs Union (CU) and free trade agreements (FTAs) gained further importance in foreign trade. The aim of this study is to analyze the role of regional trade agreements (RTAs) of Turkey in her foreign trade. Effects of the RTAs on Turkey’s foreign trade are analyzed through gravity model in line with the study of Anderson and van Wincoop (2003). The study covers Turkey’s trade flows with 126 trade partners for the period 1992- 2013. Empirical findings reveal that the CU does not affect Turkey’s exports but it increases imports of Turkey. Also, it is found that the FTAs do not have any impact on either exports or imports of Turkey.

Subject Keywords

Gravity model, Customs union, Free trade agreements, Foreign trade, Turkey

URI

https://hdl.handle.net/11511/77995

Conference Name

EY International Congress on Economics II (5 - 6 Kasım 2015)

Collections

Department of Economics, Conference / Seminar

Suggestions

OpenMETU
Core

Do regional trade agreements actually increase Turkey’s foreign trade? Mavuş Kütük, Merve; Akbostancı Özkazanç, Elif (Orta Doğu Teknik Üniversitesi (Ankara, Turkey), 2016-4) After the deadlock of World Trade Organization Doha trade negotiations since 2000, trade agreements like Customs Union (CU) and free trade agreements (FTAs) gained further importance in foreign trade. The aim of this study is to analyze the role of regional trade agreements (RTAs) of Turkey in her foreign trade. Effects of the RTAs on Turkey’s foreign trade are analyzed through gravity model in line with the study of Anderson and van Wincoop (2003). The study covers Turkey’s trade flows with 126 trade ...
Do regional trade agreements actually increase Turkey’s foreign trade? Mavuş Kütük, Merve; Akbostancı Özkazanç, Elif; Department of Economics (2015) Regional trade agreements (RTAs) have important role in Turkey’s foreign trade. Turkey, which has a customs union with the European Union (EU), has to apply the Common Commercial Policy of the EU in line with obligations arisen from the Customs Union Decision. Within this framework, attempts to sign free trade agreements (FTAs) with countries which have a FTA with the EU have been maintained. In the current situation, Turkey has FTAs with 20 countries and Turkey’s foreign trade with the EU members is conduc...
The Uruguay Round: Implications for Turkish agriculture Cakmak, EH (1997-09-01) The liberalization of agricultural trade was the focus of the Uruguay Round of the General Agreement on Tariffs and Trade (GATT) negotiations. However, the Agreement on Agriculture (AoA), which was embedded in the Final. Act of the Uruguay Round, produced little immediate liberalization for the countries involved. The countries opted to build some slack into their commitments to the AoA's provisions, yet in spite of the precautions taken, the AoA still has created a completely new framework for agricultural...
The formation and transformation of trade relationsin the European Union (1958-2018) Akoğlu Şişman, Melda; Türkeş, Mustafa; Department of International Relations (2021-2-5) This thesis explores the formation and transformation of the European Union’s (EU) trade relations in its integration process, mainly considering the enlargements it has completed so far. Therefore, it seeks to answer how the six founding-core members and the newcomers, who joined the EU after its establishment, have shaped the trade relations of the EU between 1958 and 2018. The methodology is to demonstrate the trade policy formation and its reflection on the EU’s actual trade relations by presenting deta...
Trade liberalization and innovation decisions of firms: Lessons from Post-1980 Turkey Pamukcu, Mehmet Teoman (2003-01-01) Determinants of innovation decisions of Turkish manufacturing firms are estimated for 1989-93, with an emphasis on determinants that are linked to trade policy reforms of the 1980s. Using plant-level data, we find that positive effects of trade liberalization on innovation decision are transmitted mainly through technology embodied in imported machinery. Being a technology licensee, an exporter, or having a foreign partner does not exert a significant positive effect on a firm's probability to innovate, nor...

Citation Formats

M. Mavuş Kütük and E. Akbostancı Özkazanç, “Do Regional Trade Agreements Actually Increase Turkey’s Foreign Trade,” presented at the EY International Congress on Economics II (5 - 6 Kasım 2015), Ankara, Türkiye, 2015, Accessed: 00, 2021. [Online]. Available: https://hdl.handle.net/11511/77995.