Is a Regional Agreement among Balkan Countries Applicable? A Time Series Analysis

KOCASLAN, Gelengul and OZCELEBI, Oguzhan and MUGAN ERTUGRUL, Suna (2013) Is a Regional Agreement among Balkan Countries Applicable? A Time Series Analysis. International Conference on Economic and Social Studies, 10-11 May, 2013, Sarajevo, 1 (1). ISSN 2303-4564

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Abstract

Statistics of Central Bank of Turkey and World Bank provide evidence for the fact that the volume of trade of Turkey with Bulgaria, Romania and Greece may have a positive effect on Turkey’s Economy even under the circumstances of the recent financial crises. Thus, it is important to analyze the impacts of foreign trade volume of Turkey with Bulgaria, Romania and Greece on the real economic activity in Turkey. In this respect, we used time series techniques to make inferences about the possible consequences of regional economic integration. Empirical findings reveal that Turkey may benefit from a regional economic integration between these Balkan Countries. Keywords: Regional Economic Integrations, Balkan Countries, Causality Analysis. JEL Codes: F10, F14, F15.

Item Type: Article
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HB Economic Theory
H Social Sciences > HC Economic History and Conditions
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
H Social Sciences > HE Transportation and Communications
H Social Sciences > HG Finance
H Social Sciences > HJ Public Finance
Divisions: Faculty of Economics > Management Department
Depositing User: Users 173 not found.
Date Deposited: 16 May 2013 12:26
Last Modified: 16 May 2013 12:26
URI: http://eprints.ibu.edu.ba/id/eprint/1540

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