The Customs Union between Turkey and the European Union was the milestone to complete the process of trade liberalization, which had already started in the early 1980s. Global economic environment and Turkey’s Structural Adjustment Programs, which has been supervised by International Monetary Found, had created transformation stage of Turkish manufacturing industry in the trade liberalization period in the late 1990s. The sector’s relative size to GDP has not changed remarkably during the last decade, while the Turkish manufacturing sectors production and export capacity have been growing. In this paper, we try to analyse the causal relationship between trade with European Union and Turkish manufacturing sector indicators over the period of 1996-2006.
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number
5124.
Find related papers by JEL classification: F14 - International Economics - - Trade - - - Country and Industry Studies of Trade O24 - Economic Development, Technological Change, and Growth - - Development Planning and Policy - - - Trade Policy; Factor Movement; Foreign Exchange Policy F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
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