The dramatic surge in imports of goods and services without a concomitant surge in exports in Turkey deserves a sound … explanation. The studies on the issue addressed increasing import dependency of the manufacturing sector in Turkey. This paper has …

eventual accession of Turkey to the European Union. The results of the simulations show that Turkey's accession to the European …% of the initial TFP gap between Turkey and the European Union. That gure becomes 45% when capital mobility is introduced. …