Turkey’s free trade agreements’ effects on the turkish electrical and electronics sector
Yükleniyor...
Dosyalar
Tarih
2021
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
IJBMI
Erişim Hakkı
info:eu-repo/semantics/openAccess
Özet
Free trade agreements are the most common economic integration type and have become one of the most preferred commercial policy tool especially with globalization and liberalization of the world with the primary aim of expanding market reach of exporters. Turkey, in parallel with global developments, has begun to liberalize its trade policy since the 1980s and established a Customs Union with European Union, and signed free trade agreements to increase its trade volume as well as aligning its trade policy with EU. Today, Turkey, an export-oriented country, has 21 free trade agreements in force with countries from different regions of the world with different economic sizes and structures. While the main aim of a free trade agreement is to expand the market reach, it may have varying outcomes for different sectors of the economy. This paper examines the static effects of Turkey’s free trade agreements on the Turkish electrical and electronics sector which is the 5th largest exporter sector of Turkey in terms of trade creation and trade diversion. To that aim, bilateral and sectoral trade data is retrieved from ITC Trademap database based on 6- digit HS codes of the sector. Then the export import coverage ratios for the sector’s overall and bilateral trade are calculated for selected years and an index of export import coverage ratios is constructed to make comparisons and determine if the free trade agreement has a trade creation or trade diversion effect on the Turkish electrical and electronics sector
Açıklama
Anahtar Kelimeler
Free Trade Agreement, Economic integration, Turkey, export import coverage ratio
Kaynak
International Journal of Business and Management Invention
WoS Q Değeri
Scopus Q Değeri
Cilt
10
Sayı
1
