Turkey's Exports Soar with Deepened EU Customs Union Agreement
The article looks at how a closer trade relationship between Turkey and the EU affects Turkey's exports to the EU. The researchers studied data from 1988 to 2002 and focused on 16 key export sectors. They used a model to analyze factors like price competition, EU protection, and transport costs. The study suggests that deepening the Customs Union between Turkey and the EU, especially for agricultural products, could boost Turkey's exports to the EU. The researchers also simulated the potential impact of including more goods in the Customs Union.