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Title: |
The 1990 Trade Liberalisation Policy of Turkey: An Applied General
Equilibrium Assessment |
| Author: |
De Santis,
Roberto A. |
| Author
Affiliation: |
Kiel Institute of World Econ |
| Source: |
International Economic Journal, Summer 2001, v. 15, no. 2, pp. 115-132 |
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Publication Date: |
Summer 2001 |
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Abstract: |
I use a static multi-sector, multi-labour,
multi-household Applied General Equilibrium (AGE) model for Turkey to
show that the trade policy implemented by Turkish policy-makers in the
1990s is not trade diverting. Aggregate welfare rises by 0.6% of the
consumer income. Most importantly, since agriculture and traditional
industrial sectors grow to the detriment of services, rural groups are
better off (2.3% of the rural income), while urban groups are worse off
(-0.5% of the urban income). It is also shown that overall income
inequality declines by 1.1-1.7%, and that its main source is the
inter-income inequality between urban and rural areas, which decreases
by 8.9-14.7%. |
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