Journal Article

·2015

Comparative performances of EU-15 and Turkey: a PIN analysis

Murat Karagöz YTU

Applied Economics Letters

Abstract

Turkey started the accession process with European Union (EU) in 2005. One of the main topics of EU Turkey negotiations was the economic convergence of Turkey to EU norms. This study devises and uses Panel Index Numbers (PIN) analysis to evaluate the performance and convergence prospects of Turkish economy in the face of EU-15 economies. As evaluation areas, we have selected two main macroeconomic indicators as GDP and Export. Our results have shown that, for both indicators, Turkish economy outperforms rest of the EU-15 economies, a point that should be valuable in the process of accession.

Keywords

Accession European union Turkish Convergence (economics) Turkish economy Index (typography) Negotiation Eu countries Economics International trade International economics Business Economy Political science Macroeconomics Computer science

Subject Areas

Global trade and economics ·General Economics, Econometrics and Finance ·Social Sciences
Global Trade and Competitiveness ·Strategy and Management ·Social Sciences
Economic Growth and Productivity ·Economics and Econometrics ·Social Sciences

OpenAlex SDG Match

SDGs auto-classified by OpenAlex (score ≥ 0.4 shown).

Decent work and economic growth 64%