Economic Integration Agreements and the Survival of Exports |
Kemal Türkcan, Hülya Saygılı |
Akdeniz University, Antalya, Turkey Central Bank of the Republic of Turkey, Ankara, Turkey |
Corresponding Author:
Kemal Türkcan ,Tel: +90 242 3106427, Fax: +90 242 2274454, Email: kturkcan@akdeniz.edu.tr |
Copyright ©2018 The Journal of Economic Integration |
ABSTRACT |
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This study investigates how various Economic Integration Agreements between Turkey and its trading partners affected the exports of machinery during 1998~2013. In addition, it differentiates between trade in parts and components and finished products, and assesses the effects of Economic Integration Agreements separately on these two types of goods. Using a discrete-time probit model with random effects, we show that an Economic Integration Agreement increases the survival of export relations which were initiated before the agreement. It is found to be reasonably heterogeneous, that is, the effect is found to be larger for parts and components exports occurring within the Global Production Networks compared to finished products exports.
JEL Classification
F10: General F14: Empirical Studies of Trade C41: Duration Analysis; Optimal Timing Strategies |
Keywords:
Economic Integration Agreements | Export Duration | Fragmentation | Global Production Networks | Parts and Components | Survival Analysis
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