The 1990 Trade Liberalisation Policy of Turkey: An Applied General Equilibrium Assessment
I use a static multi-sector, multi-labour, multi-household Applied General Equilibrium (AGE) model for Turkey to show that the trade policy implemented by Turkish policy-makers in the 1990s is not trade diverting. Aggregate welfare rises by 0.6% of the consumer income. Most importantly, since agriculture and traditional the rural income), while urban groups are worse off (-0.5% of the urban income). It is also shown that overall income inequality declines by 1.1-1.7%, and that its main source is the inter-income inequality between urban and rural areas, which decreases by 8.9- 14.7%. [D58, F14, F17]
Volume (Year): 15 (2001)
Issue (Month): 2 (June)
|Contact details of provider:|| Web page: http://www.tandfonline.com/RIEJ20|
|Order Information:||Web: http://www.tandfonline.com/pricing/journal/RIEJ20|
Please 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.:
- Frank Cowell, 2006.
LSE Research Online Documents on Economics
2686, London School of Economics and Political Science, LSE Library.
- Frank A Cowell, 2006. "Inequality: Measurement," STICERD - Distributional Analysis Research Programme Papers 86, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
- Danziger, Sheldon & Taussig, Michael K, 1979. "The Income Unit and the Anatomy of Income Distribution," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 25(4), pages 365-75, December.
- Shorrocks, A F, 1980. "The Class of Additively Decomposable Inequality Measures," Econometrica, Econometric Society, vol. 48(3), pages 613-25, April.
- Reinert, Kenneth A & Roland-Holst, David W, 1998. "North-South Trade and Occupational Wages: Some Evidence from North America," Review of International Economics, Wiley Blackwell, vol. 6(1), pages 74-89, February.
- Levy, Santiago & van Wijnbergen, Sweder, 1995. "Transition Problems in Economic Reform: Agriculture in the North American Free Trade Agreement," American Economic Review, American Economic Association, vol. 85(4), pages 738-54, September.
- J. Mercenier & Erin Yeldan, 1996.
"On Turkey's Trade Policy : Is A Customs Union with Europe Enough?,"
9604, Department of Economics, Bilkent University.
- Mercenier, Jean & Yeldan, Erinc, 1997. "On Turkey's trade policy: Is a customs union with Europe enough?," European Economic Review, Elsevier, vol. 41(3-5), pages 871-880, April.
- de Melo, Jaime & Robinson, Sherman, 1980. "The impact of trade policies on income distribution in a planning model for Colombia," Journal of Policy Modeling, Elsevier, vol. 2(1), pages 81-100, January.
When requesting a correction, please mention this item's handle: RePEc:taf:intecj:v:15:y:2001:i:2:p:115-132. 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: (Michael McNulty)
If references are entirely missing, you can add them using this form.