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Sectoral Impacts of Turkish Accession to the European Union: A General Equilibrium Analysis

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  • Selahattin Bekmez

Abstract

After major liberalization efforts by Turkish officials in the 1980s, the arguments about full membership in the European Union (EU) have become a priority for Turkey because Turkey's joining the EU will have a strong impact on the macroeconomic structure of both Turkey and the EU. In order to analyze the impacts of Turkish accession to the EU, a computable general equilibrium model has been developed and the results of various policy scenarios have been compared. The model considers the imperfect competition in the Turkish manufacturing sector. Results show that full membership appears to be the most beneficial scenario for the Turkish economy based on domestic production, domestic sales, and private income. However, knowing that this process is political rather than completely economic, appropriate cautions should be taken in utilizing the results of this study.

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  • Selahattin Bekmez, 2002. "Sectoral Impacts of Turkish Accession to the European Union: A General Equilibrium Analysis," Eastern European Economics, Taylor & Francis Journals, vol. 40(2), pages 57-84, March.
    • Handle: RePEc:mes:eaeuec:v:40:y:2002:i:2:p:57-84
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    Cited by:

    1. George Philippidis & Orhan Karaca, 2009. "The Economic Impacts of Turkish Accession to the European Union," The World Economy, Wiley Blackwell, vol. 32(12), pages 1706-1729, December.
    2. Arjan M. Lejour & Ruud A. de Mooij, 2005. "Turkish Delight: Does Turkey's Accession to the EU Bring Economic Benefits?," Kyklos, Wiley Blackwell, vol. 58(1), pages 87-120, February.
    3. Bilin Neyaptı & Fatma Taskın & Murat Ungor, 2007. "Has European Customs Union Agreement really affected Turkey's trade?," Applied Economics, Taylor & Francis Journals, vol. 39(16), pages 2121-2132.
    4. Aslan, Alper & Kaplan, Muhittin, 2008. "Gumruk Birligi’Nin Firma Verimlilik Yakinsamasina Etkisi [The impact of customs union on firm productivity convergence]," MPRA Paper 10597, University Library of Munich, Germany.
    5. Hasan, Dudu & Erol, Cakmak, 2014. "Climate Change, Agriculture And Trade Liberalization: A Dynamic Cge Analysis For Turkey," 2014 Third Congress, June 25-27, 2014, Alghero, Italy 172964, Italian Association of Agricultural and Applied Economics (AIEAA).
    6. Karaca, Orhan & Philippidis, George, 2008. "Turkey’S Accession To The European Union: Implications For Agricultural Sectors," 107th Seminar, January 30-February 1, 2008, Sevilla, Spain 6398, European Association of Agricultural Economists.

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