PL EN


Preferencje help
Widoczny [Schowaj] Abstrakt
Liczba wyników
2009 | nr 1 (22) | 163--179
Tytuł artykułu

The Impact of the Customs Union with The European Union on Turkey's Economic Growth

Treść / Zawartość
Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
Since 1980 Turkey has undertaken a number of reforms targeting trade liberalization. The latest phase in that process was the establishment of Customs Union with the European Union in 1996. This study aims to analyze the effects of that Customs Union on technologyled growth in Turkey. A direct test of the technology-led growth induced by the Custom Union is performed by estimating total factor productivity and labor productivity equations for Turkish manufacturing industry sectors. An indirect test of technology led growth is also performed by estimating a sectoral production function which includes a trade variable. The data set used for the estimation is a panel of 12 manufacturing industry sub-sectors for theperiod 1994-2001. According to the estimation results of the labour productivity equation, import volume has a positive and significant effect on output per labour. In the total output equation estimation the import variable, volume of imports from EU countries, also implies a positive effect. It is concluded that productivity improving effects generated by manufacturing imports from EU countries can be regarded as one of the positive effects of the Customs Union on the Turkish economy. (original abstract)
Rocznik
Numer
Strony
163--179
Opis fizyczny
Twórcy
autor
  • Hacettepe University, Ankara, Turkey
  • Hacettepe University, Ankara, Turkey
Bibliografia
  • Badinger, H., Growth Effects of Economic Integration: Evidence from EU Member Countries, “Review of World Economics”, Vol. 141 (1), pp. 52-78, 2005.
  • Bahmani-Oskooee, M., Domac, I., Export Growth and Economic Growth in Turkey: Evidence from Cointegration Analysis, METU Studies in Development, vol. 22(1), pp. 67-77, 1995.
  • Baldwin, R. E., “Measurable Dynamic Gains from Trade”, “Journal of Political Economy”, Vol. 100, pp. 162-174, 1992.
  • Baldwin, R. E., Seghezza, E., Trade-Induced Investment-Led Growth, NBER Working Paper, No. 5582, 1996a.
  • Baldwin, R. E., Seghezza, E., Testing for Trade-Induced Investment-Led Growth, NBER Working Paper, No. 5416, 1996b.
  • Baldwin, R. E., Seghezza, E., Growth and European Integration: Towards an Empirical Assessment, CEPR Discussion Paper, No: 1393, 1996c.
  • Bayar, G., Effects of Foreign Trade Liberalization on the Productivity of Industrial Sectors in Turkey, “Emerging Markets Finance and Trade”, Vol. 38 (5), pp. 46-71, 2002.
  • Bayoumi, T., Coe, D. T., Helpman, E., R&D Spillovers and Global Growth, “Journal of International Economics”, Vol. 47, pp. 399-428, 1999.
  • Ben-David, D., Equalizing Exchange: Trade Liberalization and Income Convergence, “Quarterly Journal of Economics”, Vol. 108, pp. 653–679, 1993.
  • Cameron, G., Proudman, J., Redding, S., Technological Convergence, R&D, Trade and Productivity Growth, “European Economic Review”, Vol. 49, pp. 775-807, 2005.
  • Coe, D. T., Helpman, H., International R&D Spillovers, “European Economic Review”, Vol. 39, pp. 859–887, 1995.
  • Coe, D. T., Helpman, H., Hoffmaister, A. W., North-South R&D Spillovers, “Economic Journal”, Vol. 107, pp. 134–149, 1997.
  • Coe, D. T., Moghadam, R., Capital and Trade as an Engine of Growth in France, IMF Staff Papers, Vol. 40, pp. 542-566, 1993.
  • Cheung, Y. W., Pascual, A. G., Market Structure, Technology Spillovers, and Persistence in Productivity Differentials, “The International Journal of Applied Economics”, Vol. 1(1), pp. 1-23, 2004.
  • De Melo, J., Montenegro, C., Panagariya, A., Regional Integration Old and New: Issues and Evidence, Policy Research Working Paper Series 985, World Bank, 1992.
  • Dollar, D., Outward-Oriented Developing Economies Really Do Grow More Rapidly: Evidence from 95 LDCs, 1976–1985, “Economic Development and Cultural Change”, Vol. 40, pp. 523–544, 1992.
  • Economidou, C., Murshid, A. P., Testing the Linkages between Trade and Growth, Tjalling C. Koopmans Research Institute, Discussion Paper Series, no: 07-22, 2007.
  • Edwards, S., Trade Orientation, Distortions and Growth in Developing Countries, “Journal of Development Economics”, Vol. 39, pp. 31–57, 1992.
  • Edwards, S., Openness, Trade Liberalization and Growth in Developing Countries, “Journal of Economic Literature”, Vol. 31, pp. 1358-1393, 1993.
  • Ferreira, P. C., Rossi, J. L., New Evidence from Brazil on Trade Liberalization and Productivity Growth, “International Economic Review”, Vol.44, November 2003, pp. 1383-1405, 2003.
  • Gökcekus, Ö., Trade Liberalization and Productivity Growth: New Evidence from the Turkish Rubber Industry, “Applied Economics”, Vol. 5, pp. 639-645, 1997.
  • Griffith, R. R., Reenen, J., Mapping the Two Faces of R&D: Productivity Growth in a Panel of OECD Industries, “Review of Economics and Statistics”, Vol. 86, pp. 883-895, 2004.
  • Griliches, Z., R&D and Productivity Slowdown, “American Economic Review”, Vol. 70, pp. 343- 348, 1980.
  • Filiztekin, A., Openness and Productivity Growth in Turkish Manufacturing, Sabancı University Discussion Paper Series No. 0104, 2001.
  • Grossman, G. M., Helpman, E., Product Development and International Trade, “Journal of Political Economy”, Vol. 97, pp. 1261–1283, 1989.
  • Grossman, G. M., Helpman, E., Comparative Advantage and Long Run Growth, “American Economic Review”, Vol. 80, pp. 796–815, 1990.
  • Grossman, G. M., Helpman, E., Innovation and Growth in the Global Economy, Cambridge, Massachusetts: MIT Press, 1991.
  • Harrison, A., Openness and Growth: A Time Series, Cross-Section Analysis for Developing Countries, “Journal of Development Economics”, Vol. 48, pp. 419-447, 1996.
  • Henrekson, M., Torstensson, J., Torstensson, R., Growth Effects of European Integration, “European Economic Review”, Vol. 41, pp. 1537-1557, 1997.
  • İsmihan, M., Özcan Metin, K., Türkiye Ekonomisinde Büyümenin Kaynakları: 1960-2004, “İktisat İşletme ve Finans”, Vol. 241, pp. 74-86, 2006.
  • Iscan, T., Trade Liberalization and Productivity: A Panel Study of the Mexican Manufacturing Industry, “The Journal of Development Studies”, Vol. 34 (5), pp. 123-148, 1998.
  • Levine, R., Renelt, D., A Sensitivity Analysis of Cross-Country Growth Regressions, “American Economic Review”, Vol. 82, pp. 942–963, 1992.
  • Lee, J. W., Capital Goods Imports and Long Run Growth, NBER Working paper, No: 4725, 1994.
  • Madalla, G. S., Introduction to Econometrics, Macmillan Publishing, 1992.
  • Maraşlıoğlu, H., Tıktık, A., Türkiye Ekonomisinde Sektörel Gelişmeler: Üretim, Sermaye Birikimi ve İstihdam, DPT Yayınları, No. 2271, 1991.
  • Marwah, K., Tavakoli A., The Effect of Foreign Capital and Imports on Economic Growth: Further Evidence from Four Asian Countries (1970-1998), “Journal of Asian Economics”, Vol. 15, pp. 399-413, 2004.
  • Rivera-Batiz, L. A., Romer, P. M., International Trade with Endogenous Technological Change, “European Economic Review”, Vol. 35, pp. 971–1004, 1991a.
  • Rivera-Batiz, L. A., Romer, P. M., Economic Integration and Endogenous Growth, “Quarterly Journal of Economics”, Vol. 106, pp. 531–555, 1991b.
  • Romer, P. M., Endogenous Technological Change, “Journal of Political Economy”, Vol. 98, pp. 71–102, 1990.
  • Sjoholm, F., Exports, Imports and Productivity: Results from Indonesian Establishment Data, “World Development”, Vol. 27 (4), pp. 705-715, 1999.
  • SPO, Ekonomik ve Sosyal Göstergeler (1950-2003), Ankara, 2004.
  • Togan, S., 1980’li Yıllarda Türk Dış Ticaret Rejimi ve Dış Ticaretin Liberalizasyonu, Ankara: Türk Eximbank Araştırma Dizisi , No. 1, 1993.
  • Togan, S., Opening up the Turkish Economy in the Context of the Customs Union with EU, “Journal of Economic Integration”, Vol. 12, pp. 157-179, 1997.
  • Utkulu, U., Özdemir, D., Does Trade Liberalization Cause a Long Run Economic Growth in Turkey, Ecomod, Economic Modelling Annual Conference, July, 2003.
  • Vamvakidis, A., Regional Integration and Economic Growth, “World Bank Economic Review”, Vol. 12, pp. 251–270, 1998.
  • Vamvakidis, A., Regional Trade Agreements or Broad Trade Liberalization: Which Path Leads to Faster Growth, IMF Staff Papers, Vol. 46 (1), pp. 42-68, 1999.
  • Vamvakidis, A., How Robust Is the Growth-Openness Connection? Historical Evidence, “Journal of Economic Growth”, Vol.7 (1), pp. 57-80, 2002.
  • Vanhoudt, P., Did the European Unification Induce Economic Growth? In Search of Scale Effects and Persistent Changes, “Weltwirtschaflisches Archiv”, Vol. 35, pp. 193-220, 1999.
  • Winters, L. A., Trade Liberalization and Economic Performance: An Overview, “The Economic Journal”, Vol. 114, F4-F21, 2004.
Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000168796296

Zgłoszenie zostało wysłane

Zgłoszenie zostało wysłane

Musisz być zalogowany aby pisać komentarze.
JavaScript jest wyłączony w Twojej przeglądarce internetowej. Włącz go, a następnie odśwież stronę, aby móc w pełni z niej korzystać.