In this work, we analyzed the export- biased productivity, wage growth and the ULCP in Turkey. Then, by using input- output methods , we could show that Turkey has an economy which is able to be a part of the Euro system and Euro is compatible under the export- biased productivity growth in...

The world is going through strikingly fast and comprehensive transformation. The harmonization of the bilateral or multilateral regulations and standards all over the world will make market penetrations much easier, or harder. This is also a critical turn for the overall Turkish economic and...

This paper deals with the Economic Partnership Agreements (EPAs) between the European Union (EU) and the group of African, Caribbean and Pacific (ACP) countries. It addresses the question why the EU firmly insisted on upholding the negotiating deadline for these new trade agreements, despite the...

Trump's withdrawal from the Trans-Pacific Partnership (TPP) and his “America First” trade agenda ignite a second round of interest in mega-free trade agreements in the Asia-Pacific. Countries are evaluating alternative trade policy actions in a post-TPP era. Using national real GDP gains...

In this research project, we attempt to examine the behavior of business cycles in Asia in order to deepen our understanding of and expand research on this topic. Given the importance of the People’s Republic of China, Japan, and the United States in the region economy, we use these three...

This paper empirically tests an augmented gravity model of international trade, using four digits disaggregated data under the Harmonized System, in order to investigate the impact of AFTA to the volume and direction of intra and extra ASEAN trade of textiles and clothing. Several model...

In this paper, we assess the implications of changes in bilateral diplomatic relations with the United States for economic relations. We identify countries whose relations with the US changed during two historic and significant milestones in the past three decades, and a third group of countries...

Here is estimated the effect of monetary union and the exchange rate volatility on trade. First of all, Frankel and Rose (1997, 1998) have developed the idea that the suitability of European countries for the EMU cannot be judged on the basis of historical data. I use an augmented gravity model...

Hier wird der Effekt der Währungsunion und der Wechselkursvolatilität auf den Handel geschätzt. Frankel und Rose (1997, 1998) argumentierten als erste, dass historische Daten keine ausreichende Grundlage sind, um die Eignung der europäischen Länder für eine Währungsunion zu beurteilen....