COMPARISON OF TURKEY WITH SOME NEW MEMBERS OF THE EU IN TERMS OF COMPETITIVENESS AND TRADE STRUCTURE

Authors : Levent KÖSEKAHYAOĞLU

Pages : 77-98

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Publication Date : 2006-12-29

Article Type : Research Paper

Abstract :Following the accession of ten new members to the European Union insert ignore into journalissuearticles values(EU); in May 2004, discussions about Turkey`s new competitive position with regard to a larger EU became even more prominent in both Europe and Turkey. The main goal of this study is to provide a comparative analysis on macroeconomic performance, trade structure and competitiveness of Turkey and four new members of the EU, namely the Czech Republic, Hungary, Poland and Estonia. We employ Balassa`s revealed comparative advantage approach to assess Turkey`s competitiveness against the four new members in .five commodity groups. Our results suggest that Turkey has a comparative advantage in raw material, labour and partly capital intensive goods against all of the four new members excluding Estonia. However, Turkey appears to have a comparative disadvantage in researchoriented products which require a higher level of technology and investment.
Keywords : Rekabet gücü, Türkiye AB dış ticareti, açıklanmış karşılaştırmalı üstünlük