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Turkish EU Membership: A Simulation Study of Economic Effects

Pekka Sulamaa () and Mika Widgrén
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Pekka Sulamaa: Government Institutte for Economic Research

No 10, Discussion Papers from Aboa Centre for Economics

Abstract: This paper evaluates the economic effects of Turkish EU membership. The evaluation is based on a widely utilized computable general equilibrium model called GTAP (Global Trade Analysis Project). Imperfect competition is modelled via assumption of scale economies on non agricultural sectors. The latest GTAP database version (base year 2001) is aggregated into seven regions: Turkey, Germany-Austria, North EU, South EU, Balkan countries, NAFTA, ASIA and Rest of World. We analyse economic effects of abolishing trade barriers between the EU25 and Turkey and applying common external tax on Turkey. Major sectoral effects are bound to originate from the agriculture which accounts 11.4 % of TurkeyÕs GDP.

Keywords: GTAP; Turkey; EU enlargement (search for similar items in EconPapers)
JEL-codes: C68 F15 F17 (search for similar items in EconPapers)
Pages: 19
Date: 2006-10
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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http://www.ace-economics.fi/kuvat/ACE10%20Sulamaa%20Widgren.pdf (application/pdf)

Related works:
Working Paper: Turkish EU Membership: A Simulation Study on Economic Effects (2007) Downloads
Working Paper: Turkish EU Membership: a Simulation Study on Economic Effects (2006) Downloads
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