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This is an empirical paper seeking to identify the mode of Turkey's integration into global markets in general, and pan … observations. First, thanks to steady expansion of trade in goods and services since the mid-1980s, Turkey has become highly … integrated into the world economy. Second, Turkey's export performance in 1996-2004 in EU markets bears strong similarities to …
Persistent link: https://www.econbiz.de/10014213271
In this study the results obtained from the previous theoretical and practical studies were examined and the factors that determine foreign trade were analyzed. For this purpose, considering the annual data belongs to 1994-2016 period unit root test, Co-integration test, short-term VAR analysis...
Persistent link: https://www.econbiz.de/10012062674
Turkey’s efforts to increase international trade that is denominated in local currencies are not new. One of the most … common tools for doing this is through currency swap agreements between central banks. Over the past decade, Turkey has … effectiveness of Turkey’s swap agreements with other countries in increasing the usage of TL in Turkey’s foreign trade. For the sake …
Persistent link: https://www.econbiz.de/10013321777
We provide evidence on the effects of the 2009 crisis on Turkish manufacturing. The exploration of firm and firm-product extensive and intensive margins confirms the prevalence of the latter in the fall of export sales and discloses the former's relevance in the dramatic import contraction. The...
Persistent link: https://www.econbiz.de/10013012995
Turkey, most notably in the fields of the trade patterns, geographical concentrations, sectoral distributions, openness … Bridge-effect in Turkey. Our results suggest that a sufficient Europeanization of the Turkish industry is not yet achieved …
Persistent link: https://www.econbiz.de/10013124983
Market in aggregate level. Thus it naturally examines the demand for exports and imports for Turkey in relation to the EU. In … order to model the trade between Turkey and the EU, we employ a time series analysis, namely cointegration method with error …
Persistent link: https://www.econbiz.de/10011527583
This article documents the Great Trade Collapse of 2008-09, as well as the dramatic recovery in trade of 2009-10. The authors consider how three distinct policy actions - fiscal stimulus, funding for trade finance, and a commitment to refrain from increasing trade barriers - might have affected...
Persistent link: https://www.econbiz.de/10013124722
Intra-firm trade is an important component of United States' international trade with the rest of the world. The stylized facts about U.S. intra-firm trade reveal some interesting patterns. Intra-firm trade is increasing with newly developed countries particularly in Asia and Eastern Europe....
Persistent link: https://www.econbiz.de/10012728610
Deteriorating global market environment in November 2015 has determined further decline of major Russian foreign trade indicators. Growth of the Russian export volume failed to off set the fall of the global commodity prices. Various trade barriers introduced by foreign countries hamper Russia's...
Persistent link: https://www.econbiz.de/10012998568
In 2015, the RF foreign economic activity was subject to a set of negative factors: significant reduction of prices on all tradable commodities, contraction of external demand due to slowdown of the world economy, compression of domestic demand due to a fall of income and investment....
Persistent link: https://www.econbiz.de/10013000660