IDEAS home Printed from https://ideas.repec.org/p/ags/pugtwp/331594.html
   My bibliography  Save this paper

Turkey and Its Preferential Trade Agreements (PTAs)

Author

Listed:
  • Sonmez, Yontem
  • McDonald, Scott
  • Perraton, Jonathan

Abstract

Since the adoption of the liberalization measures of 1980s, the establishment of Customs Union (CU) with the European Union (EU) has been the most important development in foreign trade relations of Turkey. In addition to the imposition of the Common Customs Tariff (CET), Turkey has to align her preferential trade regime applied towards third countries in accordance to the rules and regulations of Turkey – EU Council Decision of 1995. According to that, Turkey will take the necessary measures and negotiate agreements on a mutually advantageous basis with the third countries in order to harmonise her commercial policy further with the EU’s. This paper reports the results from a comparative static global CGE -Globe- model that quantifies the impact on Turkey of the EU – Turkey Customs Union, EFTA – Turkey and Euro-Med countries – Turkey preferential trade agreements (PTAs). The macroeconomic implications of Turkey’s preferential trade agreements and therefore, the elimination of bilateral trade tariffs on trade in food and industrial products are analyzed by comparing the results with the baseline scenario of no trade liberalisation between Turkey and the PTA partners with the baseline year of 2001. The analyses are carried out using a 17-region, 23-sector and 5-factor global computable general equilibrium model that is implemented in GAMS (McDonald et al, 2005).

Suggested Citation

  • Sonmez, Yontem & McDonald, Scott & Perraton, Jonathan, 2007. "Turkey and Its Preferential Trade Agreements (PTAs)," Conference papers 331594, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    • Handle: RePEc:ags:pugtwp:331594
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/331594/files/3154.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Reimer, Jeff & Hertel, Thomas, 2003. "International Cross Section Estimates of Demand for Use in the GTAP Model," GTAP Working Papers 1190, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University.
    2. Carlo Perroni & John Whalley, 1998. "Rents And The Cost And Optimal Design Of Commodity Taxes," The Review of Economics and Statistics, MIT Press, vol. 80(3), pages 357-364, August.
    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. Diao, Xinshen & Dorosh, Paul A. & Rahman, Shaikh Mahfuzur, 2007. "Market opportunities for African agriculture: A General Equilibrium examination of demand-side constraints on agricultural growth in East and Southern Africa," Research reports 154, International Food Policy Research Institute (IFPRI).
    2. Ferri, Javier & Moltó, María Luisa & Uriel, Ezequiel, 2005. "Time Use, Computable General Equilibrium and Tax Policy Analysis," Conference papers 331322, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    3. Kym Anderson & Ernesto Valenzuela & Lee Ann Jackson, 2008. "Recent and Prospective Adoption of Genetically Modified Cotton: A Global Computable General Equilibrium Analysis of Economic Impacts," Economic Development and Cultural Change, University of Chicago Press, vol. 56(2), pages 265-296, January.
    4. repec:hal:journl:dumas-00905755 is not listed on IDEAS
    5. Kilian Kuhla & Sven Norman Willner & Christian Otto & Leonie Wenz & Anders Levermann, 2021. "Future heat stress to reduce people’s purchasing power," PLOS ONE, Public Library of Science, vol. 16(6), pages 1-17, June.
    6. Timo Baas & Silvia Maja Melzer, 2012. "The Macroeconomic Impact of Remittances: A sending country perspective," Norface Discussion Paper Series 2012021, Norface Research Programme on Migration, Department of Economics, University College London.
    7. Gersovitz, Mark, 2010. "Taxation of profits when there are profits," Economics Letters, Elsevier, vol. 107(2), pages 145-147, May.
    8. Maros Ivanic & Jayson Beckman & Noe Nava, 2023. "Estimation of the Value-Added/Intermediate Input Substitution Elasticities Consistent with the GTAP Data," Journal of Global Economic Analysis, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University, vol. 8(2), pages 134-158, December.
    9. Bento, Antonio M. & Jacobsen, Mark, 2007. "Ricardian rents, environmental policy and the `double-dividend' hypothesis," Journal of Environmental Economics and Management, Elsevier, vol. 53(1), pages 17-31, January.
    10. Muhammad, Andrew & Meade, Birgit Gisela Saager & Regmi, Anita & Seale, James L., 2011. "International Evidence on Food Consumption Patterns: An Update Using 2005 International Comparison Program Data," Technical Bulletins 120252, United States Department of Agriculture, Economic Research Service.
    11. Iain Fraser & Robert Waschik, 2010. "The Double Dividend Hypothesis in a CGE Model: Specific Factors and Variable Labour Supply," Working Papers 2010.02, School of Economics, La Trobe University.
    12. Olivier Durand-Lasserve & Lorenza Campagnolo & Jean Chateau & Rob Dellink, 2015. "Modelling of distributional impacts of energy subsidy reforms: an illustration with Indonesia," OECD Environment Working Papers 86, OECD Publishing.
    13. Nin Pratt, Alejandro & Diao, Xinshen, 2008. "Exploring Growth Linkages and Market Opportunities for Agriculture in Southern Africa," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 23, pages 104-137.
    14. Carmen Fillat & Joseph Francois, 2004. "National and international income dispersion and aggregate expenditures," Documentos de Trabajo dt2004-06, Facultad de Ciencias Económicas y Empresariales, Universidad de Zaragoza.
    15. Regmi, Anita & Seale, James L., Jr., 2010. "Cross-Price Elasticities of Demand Across 114 Countries," Technical Bulletins 59870, United States Department of Agriculture, Economic Research Service.
    16. Muhammad, Andrew & Meade, Birgit Gisela Saager, 2011. "International Evidence on Food Consumption Patterns: An Update Using 2005 International Comparison Program Data," Technical Bulletins 120252, United States Department of Agriculture, Economic Research Service.
    17. Angel Aguiar & Badri Narayanan & Robert McDougall, 2016. "An Overview of the GTAP 9 Data Base," Journal of Global Economic Analysis, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University, vol. 1(1), pages 181-208, June.
    18. Gehlhar, Mark J. & Dohlman, Erik, 2006. "Macroeconomic and Global Growth Influences on the U.S. Agricultural Trade Balance," 2006 Annual meeting, July 23-26, Long Beach, CA 21324, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    19. Sangeeta Khorana & Badri G. Narayanan, 2017. "Modelling Effects of Tariff Liberalisation on India’s Key Export Sectors: Analysis of the EU–India Free Trade Agreement," Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, vol. 11(1), pages 1-22, February.
    20. Nin Pratt, Alejandro & Diao, Xinshen, 2006. "High value products or staple crops? A discussion on development strategies for Southern Africa," 2006 Annual meeting, July 23-26, Long Beach, CA 21094, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    21. Regmi, Anita & Seale, James L., Jr., 2010. "Cross-Price Elasticities of Demand Across 114 Countries," Technical Bulletins 59870, United States Department of Agriculture, Economic Research Service.

    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:ags:pugtwp:331594. 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: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/gtpurus.html .

    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.