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| Titel: |
TÜRK DIŞ TİCARETİNİN ALTERNATİF MODELLER AÇISINDAN DEĞERLENDİRİLMESİ (1982-2000) = EVALUATION OF TURKEY’S FOREIGN TRADE IN TERMS OF ALTERNATIVE TRADE MODELS (1982-2000) |
| Auteur: |
Pınar Narin EMİRHAN |
| Verschenen in: |
Ege akademik bakis |
| Paginering: | Jaargang 8 (2008) nr. 2 pagina's 861-875 |
| Jaar: |
2008 |
| Inhoud: |
The aim of this study is to determine which of the alternative trade models (Heckscher-Ohlin-Samuelson, Chamberlin-Heckscher-Ohlin and Monopolistic Competition) is more effective in Turkey’s bilateral international trade. For this aim, Turkey’s bilateral trade with 62 trading partners is analyzed for the 1982-2000 period by using panel data. The model used in the study is the extended version of the model used by Cieslik (2007). The model is first estimated for all 62 countries, then the countries are grouped as low-income and high-income countries and estimations are repeated for these country groups. The empirical findings are similar for all country groups. The findings reveal that the Chamberlin-Heckscher-Ohlin model is more effective in explaining Turkey’s international trade with all country groups. Under the assumption of two goods, the model takes one good as homogenous and the other as differentiated. Consequently, factor endowments are not the only factors that affect Turkey’s trade. Also the economic sizes of the partner countries are important. |
| Uitgever: |
Ege University, Faculty of Economics and Administrative Sciences (provided by DOAJ) |
| Bronbestand: |
Elektronische Wetenschappelijke Tijdschriften |
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