Arama Sonuçları

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  • Yayın
    What would normalisation of economic relations between Mashrek countries, Turkey and Israel imply?
    (Blackwell, 2007-04) Tovias, Alfred; Kalaycıoğlu, Sema; Dafni, Inon; Ruben, Ester; Herman, Lior
    This article examines the potential for economic cooperation among Mashrek countries, Turkey and Israel in the fields of trade in goods and services both separately and across-field. It first describes the macroeconomic features of the region and then estimates the overall potential for inter-industry trade in goods by estimating gravity equations for each country separately and the potential for intra-industry trade using Grubel-Lloyd indices. The article also examines the potential for trade in specific services, namely information and computer technology, transport, financial and health services.
  • Yayın
    International trade and strategic behaviour: a game theoretical analysis of the trade dispute between Turkey and Russia
    (Routledge Journals, Taylor & Francis, 2017) Taşbaşı, Aslı
    Starting from the premise that strategic interactions between countries influence trade policy decisions, this paper is a first attempt at exploring the possible outcomes of a trade dispute between Turkey and Russia, assuming that Turkey can lodge a complaint about Russia's protectionist move to the WTO Dispute Settlement Body (DSB). Employing the course of events during the recent economic conflict between the two countries, the article models the stages of a trade game wherein players exhibit non-cooperative behaviour. It finds that Turkey reporting Russia to the DSB depends on the cost of the dispute, which represents both economic losses and losses that can be considered disadvantages in a broader sense. The results show that in trade relations where asymmetric interdependence is observed, if both parties mutually commit to an international organisation, binding regulations may provide strategy options that are otherwise infeasible for the disadvantaged player.