IDEAS home Printed from https://ideas.repec.org/a/eco/journ1/2023-01-19.html
   My bibliography  Save this article

European Regional Integration and its Partnership with T rkiye: An Assessment of the Specific Customs Union

Author

Listed:
  • Cem Saatcioglu

    (Department of Economics, Faculty of Economics, Istanbul University, Istanbul, Turkey,)

  • Kaan Celikok

    (Department of Foreign Trade, Band rma Vocational School of Higher Education, Band rma Onyedi Eyl l University, Band rma, Bal kesir, Turkey)

Abstract

International economic integrations, especially after the end of World War II, result from the long-term goals of establishing political unity based on countries' orientation towards their common economic interests. Customs unions, in which states abolish tariffs among themselves and apply common tariffs to third countries, are the next advanced stage of international integration after free trade zones. While customs unions eliminate tariffs and related taxes in trade within their jurisdiction, they also establish a common external tariff. This entails some asymmetrical disadvantages for the countries within the Union. A new step by T rkiye in its efforts to integrate with the West was its application to join the EEC in 1959. The Customs Union, defined by the Ankara Agreement signed in 1963, came into effect in 1996 as a result of the agreement made at the meeting of the Association Council of 6 March 1995 adopted "Customs Union Decision". The aim of this study is to examine the bilateral trade impact of the Customs Union between T rkiye and the EU. H1: Which fields should be included in the customs union between T rkiye and the EU? H2: How will the inclusion of trade in digital goods and services in the Customs Union affect EU-T rkiye trade? The results from the analysis covering the years of 1996-2021 showed that the Customs Union has had a positive but limited effect for the trade between EU-T rkiye. The customs union needs to be updated taking into account public procurement, agriculture and digital services.

Suggested Citation

  • Cem Saatcioglu & Kaan Celikok, 2023. "European Regional Integration and its Partnership with T rkiye: An Assessment of the Specific Customs Union," International Journal of Economics and Financial Issues, Econjournals, vol. 13(1), pages 184-198, January.
    • Handle: RePEc:eco:journ1:2023-01-19
    as

    Download full text from publisher

    File URL: https://www.econjournals.com/index.php/ijefi/article/download/14014/7100
    Download Restriction: no
    File URL: https://www.econjournals.com/index.php/ijefi/article/view/14014
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Romano Prodi, 2004. "The Euro and Enlargement," International Economic Association Series, in: Alan V. Deardorff (ed.), The Past, Present and Future of the European Union, chapter 2, pages 6-20, Palgrave Macmillan.
    2. Viner, Jacob, 2014. "The Customs Union Issue," OUP Catalogue, Oxford University Press, number 9780199756124 edited by Oslington, Paul.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Maria V. Sokolova, 2016. "Trade Re(Im)Balanced: The Role of Regional Trade Agreements," IHEID Working Papers 06-2016, Economics Section, The Graduate Institute of International Studies.
    2. My Duong & Mark J. Holmes & Anna Strutt & Steven Lim, 2019. "Effects of Trade Agreements and Foreign Direct Investment on Trade: Evidence from Vietnam," International Journal of Economics and Financial Issues, Econjournals, vol. 9(3), pages 116-126.
    3. Amélie Barbier-Gauchard & Meixing Dai & Claire Mainguy & Jamel Saadaoui & Moïse Sidiropoulos & Isabelle Terraz & Jamel Trabelsi, 2021. "Towards a more resilient European Union after the COVID-19 crisis," Eurasian Economic Review, Springer;Eurasia Business and Economics Society, vol. 11(2), pages 321-348, June.
    4. Muhammad Ibrahim Shah, 2021. "Investigating the Role of Regional Economic Integration on Growth: Fresh Insights from South Asia," Global Journal of Emerging Market Economies, Emerging Markets Forum, vol. 13(1), pages 35-57, January.
    5. Hongjun Zeng & Abdullahi D. Ahmed, 2022. "Market integration and volatility spillover across major East Asian stock and Bitcoin markets: an empirical assessment," International Journal of Managerial Finance, Emerald Group Publishing Limited, vol. 19(4), pages 772-802, August.
    6. Takumi Naito, 2021. "Trade diversion is reversed in the long run," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 39, pages 202-219, January.
    7. Shilong Yang & Xiao Liang & Zhichao Lou & Yanwen Tan & Abdelrahman Ali, 2024. "Analysing the consequences of Regional Comprehensive Economic Partnership on the agricultural economies of China, Australia and New Zealand," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 70(7), pages 362-381.
    8. Judit Fabian, 2020. "Preferential Trade Agreements Vs. Multilateralism: In The New Trump-World, Does Canada Face An Impossible Choice?," SPP Research Papers, The School of Public Policy, University of Calgary, vol. 13(2), March.
    9. Choong, Pai Wei & khalifah, noor & Mohd Nor, Abu Hassan Shaari & Ismail, Mohd Adib, 2018. "Free Trade Agreements and Production Sharing in Malaysian Manufacturing Industries," Jurnal Ekonomi Malaysia, Faculty of Economics and Business, Universiti Kebangsaan Malaysia, vol. 52(3), pages 91-106.
    10. Toptancî, Alî, 2024. "A Research on the Economic Integration of the Kurdistan Region and the Eurozone Countries: The Place and Importance of International Trade Companies," MPRA Paper 120573, University Library of Munich, Germany.
    11. Huasheng Zeng & Yue Yan & Ling Tao & Yuxi Luo, 2024. "Agricultural Trade Effects of China’s Free Trade Zone Strategy: A Multidimensional Heterogeneity Perspective," Agriculture, MDPI, vol. 14(3), pages 1-21, February.
    12. Alan Matthews, 2018. "Implications of Brexit for developing countries agri-food trade," Trinity Economics Papers tep0318, Trinity College Dublin, Department of Economics.
    13. Amélie Barbier-Gauchard & Meixing Dai & Claire Mainguy & Jamel Saadaoui & Moïse Sidiropoulos & Isabelle Terraz & Jamel Trabelsi, 2020. "Towards a more resilient European Union after the COVID-19 crisis," Working Papers hal-03008144, HAL.
    14. Adrino Mazenda & Tyanai Masiya & Norman Nhede, 2018. "South Africa-BRIC-SADC Trade Alliances and the South African Economy," International Studies, , vol. 55(1), pages 61-74, January.
    15. Viktória ENDRŠDI-KOVà CS & Oleg TANKOVSKI, 2022. "A composite indicator for economic integration maturity: the case of Western Balkan countries," Eastern Journal of European Studies, Centre for European Studies, Alexandru Ioan Cuza University, vol. 13, pages 148-166, June.
    16. Zhenshan Yang & Jianan Wei & Quansheng Ge, 2023. "Friction or cooperation? Boosting the global economy and fighting climate change in the post-pandemic era," Palgrave Communications, Palgrave Macmillan, vol. 10(1), pages 1-11, December.
    17. D. A. Izotov, 2017. "Liberalization of Russia’s trade with the European Union, BRICS, and Trans-Pacific Partnership countries," Studies on Russian Economic Development, Springer, vol. 28(3), pages 338-345, May.
    18. Jue Wang & Shi Wang & Hua Wang & Yan Song, 2022. "A Numerical Simulation Analysis Framework of Sustainable Regional Economic Cooperation: A Case Study of the New Silk Road Economic Belt," Sustainability, MDPI, vol. 14(10), pages 1-18, May.

    More about this item

    Keywords

    European Union; T rkiye; Economic Integration; Customs Union;
    All these keywords.

    JEL classification:

    • N94 - Economic History - - Regional and Urban History - - - Europe: 1913-
    • N44 - Economic History - - Government, War, Law, International Relations, and Regulation - - - Europe: 1913-
    • F15 - International Economics - - Trade - - - Economic Integration
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eco:journ1:2023-01-19. See general information about how to correct material in RePEc.

    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 CitEc recognized a bibliographic reference but did not link an item in RePEc 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ilhan Ozturk (email available below). General contact details of provider: http://www.econjournals.com .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.