Does Turkey Have a Special Trade Relation With the EU? A Gravity Model Approach.

Manzocchi, Stefano and Antonucci, Daniele (2005) Does Turkey Have a Special Trade Relation With the EU? A Gravity Model Approach. [Working Paper]. LLEE, Roma. p. 24.

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Abstract/Index

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.


Item Type:Report / Paper (Working Paper)
Research documents and activity classification:Working Papers > Refereed Working Papers / of international relevance
Divisions:Department of Economics and Finance > LLEE (Luiss Lab of European Economics)
Uncontrolled Keywords:Commercio internazionale. Turchia. Unione Europea.
MIUR Scientific Area:Area 13 - Economics and Statistics > SECS-P/01 Political Economy
Deposited By:Silvia Capobianchi
Deposited On:18 Jun 2009 10:29
Last Modified:05 Feb 2013 22:11

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