Erlat, Guzin; Erlat, Haluk - In: Emerging Markets Finance and Trade 42 (2006) 5, pp. 5-27
After important policy changes in 1980, Turkey's trade expanded considerably. Although interindustry trade remained predominant, intraindustry trade (IIT) increased substantially. This paper investigates whether the increase in IIT contributed to reducing adjustment costs due to trade expansion....