Turkish Delight – Does Turkey’s accession to the EU bring economic benefits?
Abstract
We explore the economic implications of the possible Turkish accession to the European Union. We focus on three main changes associated with Turkish membership: (i) accession to the internal European Market; (ii) institutional reforms in Turkey triggered by EU-membership; and (iii) migration in response to the free movement of workers. Overall, the macroeconomic implications for EU countries are small but positive. European exports increase by around 20 percent. Turkey experiences larger economic gains than the EU: consumption per capita is estimated to rise by about 4 percent as a result of accession to the internal market and free movement of labour. If Turkey would succeed in reforming its domestic institutions in response to EU-membership, consumption per capita in Turkey could raise by an additional 9 percent. These benefits would spill over to the EU.Download Info
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Paper provided by CESifo Group Munich in its series CESifo Working Paper Series with number 1183.Length:
Date of creation: 2004
Date of revision:
Handle: RePEc:ces:ceswps:_1183
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Related research
Keywords: Turkey; regional economic integration; general equilibrium model; gravity equations; institutional reform; migration;Other versions of this item:
- Arjan M. Lejour & Ruud A. Mooij, 2005. "Turkish Delight: Does Turkey's Accession to the EU Bring Economic Benefits?," Kyklos, Wiley Blackwell, vol. 58(1), pages 87-120, 02.
- F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
- F15 - International Economics - - Trade - - - Economic Integration
This paper has been announced in the following NEP Reports:
- NEP-ALL-2004-06-02 (All new papers)
- NEP-EEC-2004-06-02 (European Economics)
References
References listed on IDEASPlease report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- Ozgul Bilici & Erkan Erdil & I. Hakan Yetkiner, 2008. "The Determining Role of EU in Turkey's Trade Flows: A Gravity Model Approach," Working Papers 0806, Izmir University of Economics.
- Antonis Adam & Thomas Moutos, 2005. "Turkish Delight for Some, Cold Turkey for Others?: The Effects of the EU-Turkey Customs Union," CESifo Working Paper Series 1550, CESifo Group Munich.
- Geert Bekaert & Campbell R. Harvey & Christian T. Lundblad & Stephan Siegel, 2010.
"The European Union, the Euro, and Equity Market Integration,"
NBER Working Papers
16583, National Bureau of Economic Research, Inc.
- Stephan Siegel & Christian Lundblad & Campbell R. Harvey & Geert Bekaert, 2011. "The European Union, the Euro, and Equity Market Integration," 2011 Meeting Papers 468, Society for Economic Dynamics.
- Arjan Lejour & Paul Veenendaal & Gerard Verweij & Nico van Leeuwen, 2006. "Worldscan; a model for international economic policy analysis," CPB Document 111, CPB Netherlands Bureau for Economic Policy Analysis.
- Lejour, Arjan Marcel & Mervar, Andrea & Verweij, Gerard, 2008.
"The Economic Effects of Croatia's Accession to the EU,"
Economics Discussion Papers
2008-6, Kiel Institute for the World Economy.
- Arjan Lejour & Andrea Mervar & Gerard Verweij, 2007. "The Economic Effects of Croatia's Accession to the EU," Working Papers 0705, The Institute of Economics, Zagreb.
- Harun Ucak, 2011. "Turkey’s Population Dynamýcs As A Candidate Country For EU Membership," International Journal of Economics and Financial Issues, Econjournals, vol. 1(4), pages 180-198.
- Guisan, M. Carmen, 2005. "Human Capital, Population Growth and Industrial Development in Mexico and Turkey: A Comparative Analysis with Other OECD Countries, 1964-2004," Economic Development 85, University of Santiago de Compostela. Faculty of Economics and Business. Econometrics..
- Gul Ertan Ozguzer & Luca Pensieroso, 2010.
"Worthy Transfers? A Dynamic Analysis of Turkey's Accession to the European Union,"
Working Papers
1003, Izmir University of Economics.
- Gül Ertan Özgüzer, 2009. "Worthy Transfers? A Dynamic Analysis of Turkey's Accession to the European Union," 2009 Meeting Papers 781, Society for Economic Dynamics.
- Gul ERTAN OZGUZER & Luca PENSIEROSO, 2009. "Worthy Transfers ? A Dynamic Analysis of Turkey’s Accession to the European Union," Discussion Papers (IRES - Institut de Recherches Economiques et Sociales) 2009029, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
- Arjan Lejour & Gerard Verweij & A. Mervar, 2007. "The economic effects Croatia's accession to the EU," CPB Document 154, CPB Netherlands Bureau for Economic Policy Analysis.
- Christian Dreger & Manuel Art�s & Rosina Moreno & Raúl Ramos & Jordi Suri�ach, 2007. "Study on the feasibility of a tool to measure the macroeconomic impact of structural reforms," European Economy - Economic Papers 272, Directorate General Economic and Monetary Affairs (DG ECFIN), European Commission.
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