Advanced Search
MyIDEAS: Login

An Analysis Of The Domestic Terms Of Trade In The Process Of Trade Liberalization In Turkey: 1990-2009

Contents:

Author Info

  • Elif Uckan Dagdemir

    ()
    (Anadolu University)

Registered author(s):

    Abstract

    In this paper, the relative price of agricultural commodities versus that of industrial commodities is analyzed via domestic terms of trade during 1990-2009 when trade liberalization gained impetus in Turkey. The domestic terms of trade which are improved in favor of the agricultural commodities during 1990-1998 except 1994 which is acknowledged as an economic crises year are reversed against the agricultural commodities after 1998 and plummeted in 2001 economic crises. The domestic terms of trade which are improved during 2001-2004 are deteriorated against the agricultural commodities after 2004. In the paper, the factors that define the domestic terms of trade during 1990-2009 are estimated via Least Squares Method with quarterly data. The findings of the paper revealed that the domestic terms of trade in Turkey are defined by the market mechanisms like the relative prices of the previous year and the relative production of the current year. Although the domestic terms of trade is not improved in favor of the agricultural commodities during the examination period, it is evident that the trade liberalization affects the domestic terms of trade in favor of the agricultural commodities. This finding is explained by the current protectionist regulations in the liberalization of the agricultural commodities trade relative to the regulations in industrial commodities trade.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://www.anadolu.edu.tr/arastirma/hakemli_dergiler/sosyal_bilimler/pdf/2011_3/2011-03-08.pdf
    Download Restriction: no

    Bibliographic Info

    Article provided by Anadolu University in its journal Anadolu University Journal of Social Sciences.

    Volume (Year): 11 (2011)
    Issue (Month): 3 (September)
    Pages: 121-134

    as in new window
    Handle: RePEc:and:journl:v:11:y:2011:i:3:p:121-134

    Contact details of provider:
    Postal: Yunus Emre Kampusu 26470, Eski┼čehir
    Phone: (90) (222) 335-0580 x 2743
    Fax: (90) (222) 320-1304
    Email:
    Web page: http://www.anadolu.edu.tr/akademik/birim/genelBilgi/205/3429/1
    More information through EDIRC

    Related research

    Keywords: Domestic terms of trade; trade liberalization; agricultural sector; price scissors;

    Find related papers by JEL classification:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:and:journl:v:11:y:2011:i:3:p:121-134. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Social Sciences Institute).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.