Effects of Including Agricultural Products in the Customs Union between Turkey and the EU: A Partial Equilibrium Analysis for Turkey
ISBN: 9783631756928
Platform/Publisher: JSTOR / Peter Lang AG
Digital rights: Users: unlimited; Printing: chapter; Download: chapter
Subjects: Economics ; Business ; Language & Literature ; Political Science ; Technology;

The inclusion of agricultural products in the current customs union is one of the potential future steps on the road to further political and economic integration between Turkey and the EU. This book examines the effects of such integration of agricultural markets on the Turkish agricultural sector as well as on consumers and the Turkish budget. Results are compared to alternative options for Turkish agricultural policy. To this aim, a detailed partial equilibrium model of the Turkish agricultural sector is developed. The complete liberalization of the agricultural sector is found to lead to significant welfare gains compared to the maintenance of current policies. It appears that including agricultural products in the customs union results in similar results with few but significant exemptions.

The Author: Harald Grethe studied agricultural economics at the University of Göttingen. He received his Ph.D. from the Institute of Agricultural Economics of the University of Göttingen, where he worked as research fellow on numerous research projects in the areas of regional trade integration, multilateral trade liberalization in the WTO process, Common Agricultural Policy of the EU, and concerns of developing countries in international agricultural trade. Currently, the author is an Assistant Professor for International Agricultural Trade and Development at Humboldt University of Berlin.

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