Tovias, AlfredKalaycıoğlu, SemaDafni, InonRuben, EsterHerman, Lior2015-01-152015-01-152007-04Tovias, A., Kalaycıoğlu, S., Dafni, I., Ruben, E. & Herman, L. (2007). What would normalisation of economic relations between mashrek countries, turkey and israel imply? World Economy, 30(4), 665-684. doi:10.1111/j.1467-9701.2006.00823.x0378-59201467-9701https://hdl.handle.net/11729/260http://dx.doi.org/10.1111/j.1467-9701.2006.00823.xThis 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.eninfo:eu-repo/semantics/closedAccessTradeBusinessFinanceInternational relationsEconomicsMacroeconomicsEstimating techniquesStudiesInternational tradeAsiaEurasiaIsraelMiddle EastTurkeyEconomic relationsInternational cooperationInternational tradeRegional economyArticle304665684Q2Q2WOS:0002451606000062-s2.0-3394769511310.1111/j.1467-9701.2006.00823.xQ1