Revealed Comparative Advantage and Competitiveness: Evidence for Turkey vis-à-vis the EU/15

Utku Utkulu · Dilek Seymen

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Global Trade and Competitiveness Global trade and economics Economic and Technological Innovation

Abstract

This study analyses the competitiveness and the pattern of trade flows/trade specialisation from Turkey to the EU on sectoral levels. Our research is mainly based on different measures of Revealed Comparative Advantage (RCA) measures (in addition to simple Balassa Index). Accordingly, alternative RCA indices are calculated. The stability of different measures of RCA is also tested. The present work also aims to explain if the ongoing customs union process between Turkey and the EU has significant effects on trade patterns, comparative advantages and competitiveness. In the light of evidence, some policy implications are drawn. Keywords: Trade, revealed comparative advantage, competitiveness, specialisation,

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References

1965Trade Liberalisation and “Revealed” Comparative Advantage 1 1991A theoretical evaluation of alternative trade intensity measures of revealed comparative advantage 2001On the empirical distribution of the Balassa index 1977‘REVEALED’ COMPARATIVE ADVANTAGE REVISITED: AN ANALYSIS OF RELATIVE EXPORT SHARES OF THE INDUSTRIAL COUNTRIES, 1953–1971 2003Revealed Comparative Advantage and Competitiveness in Hungarian Agri–Food Sectors 1958The European Common Market and British Industry 1985On the appropriate interpretation of the revealed comparative advantage index: Implications of a methodology based on industry sector analysis 1990Comparative advantage, trade policy, and economic development

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