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Export and Import Products Groups’ Shares of Turkey with Cee Countries After Theirs Accessions to Eu and Before

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Author Info

  • Selim Inançli

    ()
    (Associate Prof.Dr. Department of Economics, Sakarya University 54187-Sakarya, Turkey)

  • Mustafa Akal

    ()
    (Prof.Dr. Department of Economics, Sakarya University 54187-Sakarya, Turkey)

Abstract

The purpose of this study is to analyze export and import shares of main products of CEE countries with Turkey before their membership to EU and then, starting from the year of 2000. After accession to EU, these countries’ export and import shares mostly increased with Turkey and EU, implying existence of trade diversion and specialization in production. It is analyzed that the largest share of Turkish export product groups in trading with CEE countries are “manufactured industrial products” and “machinery, transport equipments” within both periods. Turkey’s largest share of import products groups from these countries are “manufactured industrial product”, “chemicals and chemical products” and “crude materials, inedible, except fuels”. Because of producing similar goods at different qualities, intra-industry trade exists largely between CEE countries and Turkey. These countries usually produce industrial products accounting for more than 50% of total trade with Turkey.

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Bibliographic Info

Article provided by Asian Economic and Social Society in its journal Asian Economic and Financial Review.

Volume (Year): 3 (2013)
Issue (Month): 11 (November)
Pages: 1419-1438

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Handle: RePEc:asi:aeafrj:2013:p:1419-1438

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Related research

Keywords: CEE countries; Turkey; EU membership; Group products’ foreign trade;

References

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  1. Aturupane, Chonira & Djankov, Simeon & Hoekman, Bernard, 1997. "Determinants of intra-industry trade between East and West Europe," Policy Research Working Paper Series 1850, The World Bank.
  2. Dabrowski, Marek, 1996. "Different strategies of transition to a market economy : how do they work in practice?," Policy Research Working Paper Series 1579, The World Bank.
  3. Guglielmo Maria Caporale & Christophe Rault & Robert Sova & Ana Maria Sova, 2008. "On the Bilateral Trade Effects of Free Trade Agreements between the EU-15 and the CEEC-4 Countries," CESifo Working Paper Series 2419, CESifo Group Munich.
  4. Stanley Fischer & Ratna Sahay, 2000. "The Transition Economies After Ten Years," IMF Working Papers 00/30, International Monetary Fund.
  5. Stanley Fischer & Ratna Sahay, 2000. "The Transition Economies After Ten Years," NBER Working Papers 7664, National Bureau of Economic Research, Inc.
  6. Gros, Daniel & Gonciarz, Andrzej, 1996. "A note on the trade potential of Central and Eastern Europe," European Journal of Political Economy, Elsevier, vol. 12(4), pages 709-721, December.
  7. José Caetano & Aurora Galego, 2005. "Trade Flows among CEEC and EU Countries: what future perspectives?," International Trade 0504002, EconWPA.
  8. Kaminski, Bartlomiej & Ng, Francis, 2005. "Production disintegration and integration of Central Europe into global markets," International Review of Economics & Finance, Elsevier, vol. 14(3), pages 377-390.
  9. Michalopoulos, Constantine, 1999. "The integration of transition economies into the world trading system," Policy Research Working Paper Series 2182, The World Bank.
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