Turkish delight

Does Turkey's accession to the EU bring economic benefits?

Arjan M. Lejour, Ruud A. de Mooij

Research output: Contribution to journalArticleScientificpeer-review

Abstract

We explore the economic implications of the possible Turkish accession to the European Union. We focus on three main changes associated with Turkish membership: (i) accession to the internal European Market; (ii) institutional reforms in Turkey triggered by EU-membership; and (iii) migration in response to the free movement of workers. Overall, the macroeconomic implications for EU countries are small but positive. European exports increase by around 20%. Turkey experiences larger economic gains than the EU: consumption per capita is estimated to rise by about 4% as a result of accession to the internal market and free movement of labour. If Turkey would succeed in reforming its domestic institutions in response to EU-membership, consumption per capita in Turkey could raise by an additional 9%. These benefits would spill over to the EU.
Original languageEnglish
Pages (from-to)87-120
JournalKyklos
Volume58
Issue number1
DOIs
Publication statusPublished - 2005

Fingerprint

Economic benefits
Accessions
Turkey
Economics
EU countries
Macroeconomics
European Union
Institutional reform
Spillover
Workers
Internal market
Labor
Institutional Reform

Cite this

@article{1ac572d766b241c7bc66e3227e3421cf,
title = "Turkish delight: Does Turkey's accession to the EU bring economic benefits?",
abstract = "We explore the economic implications of the possible Turkish accession to the European Union. We focus on three main changes associated with Turkish membership: (i) accession to the internal European Market; (ii) institutional reforms in Turkey triggered by EU-membership; and (iii) migration in response to the free movement of workers. Overall, the macroeconomic implications for EU countries are small but positive. European exports increase by around 20{\%}. Turkey experiences larger economic gains than the EU: consumption per capita is estimated to rise by about 4{\%} as a result of accession to the internal market and free movement of labour. If Turkey would succeed in reforming its domestic institutions in response to EU-membership, consumption per capita in Turkey could raise by an additional 9{\%}. These benefits would spill over to the EU.",
author = "Lejour, {Arjan M.} and {de Mooij}, {Ruud A.}",
year = "2005",
doi = "10.1111/j.0023-5962.2005.00279.x",
language = "English",
volume = "58",
pages = "87--120",
journal = "Kyklos: International Review of Social Sciences",
issn = "0023-5962",
publisher = "BLACKWELL PUBL LTD",
number = "1",

}

Turkish delight : Does Turkey's accession to the EU bring economic benefits? / Lejour, Arjan M.; de Mooij, Ruud A.

In: Kyklos, Vol. 58, No. 1, 2005, p. 87-120.

Research output: Contribution to journalArticleScientificpeer-review

TY - JOUR

T1 - Turkish delight

T2 - Does Turkey's accession to the EU bring economic benefits?

AU - Lejour, Arjan M.

AU - de Mooij, Ruud A.

PY - 2005

Y1 - 2005

N2 - We explore the economic implications of the possible Turkish accession to the European Union. We focus on three main changes associated with Turkish membership: (i) accession to the internal European Market; (ii) institutional reforms in Turkey triggered by EU-membership; and (iii) migration in response to the free movement of workers. Overall, the macroeconomic implications for EU countries are small but positive. European exports increase by around 20%. Turkey experiences larger economic gains than the EU: consumption per capita is estimated to rise by about 4% as a result of accession to the internal market and free movement of labour. If Turkey would succeed in reforming its domestic institutions in response to EU-membership, consumption per capita in Turkey could raise by an additional 9%. These benefits would spill over to the EU.

AB - We explore the economic implications of the possible Turkish accession to the European Union. We focus on three main changes associated with Turkish membership: (i) accession to the internal European Market; (ii) institutional reforms in Turkey triggered by EU-membership; and (iii) migration in response to the free movement of workers. Overall, the macroeconomic implications for EU countries are small but positive. European exports increase by around 20%. Turkey experiences larger economic gains than the EU: consumption per capita is estimated to rise by about 4% as a result of accession to the internal market and free movement of labour. If Turkey would succeed in reforming its domestic institutions in response to EU-membership, consumption per capita in Turkey could raise by an additional 9%. These benefits would spill over to the EU.

U2 - 10.1111/j.0023-5962.2005.00279.x

DO - 10.1111/j.0023-5962.2005.00279.x

M3 - Article

VL - 58

SP - 87

EP - 120

JO - Kyklos: International Review of Social Sciences

JF - Kyklos: International Review of Social Sciences

SN - 0023-5962

IS - 1

ER -