MEASURING THE COMPETITIVENESS OF TÜRKİYE'S INDUSTRIES AGAINST THE EUROPEAN UNION ACCORDING TO THE TECHNOLOGY INTENSITY: AN EVALUATION WITHIN THE FRAMEWORK OF THE CUSTOMS UNION REVISION

Authors : Gökçe Demir, Üzeyir Aydın, Utku Utkulu

Pages : 249-268

Doi:10.21121/eab.1380681

View : 151 | Download : 158

Publication Date : 2024-05-25

Article Type : Research Paper

Abstract :Identifying the industries with competitive power and knowing their places in the world market regarding proper policy implementations is essential. This paper aims to determine the normalized competition levels of Türkiye against the European Union (EU) countries in the context of industries with different technology intensities and to evaluate these industries within the scope of the planned Customs Union revision. For this purpose, firstly, the static comparison of Ballassa\'s Revealed Comparative Advantage (BRCA) index is calculated for 1990-2021. After, the dynamic comparison of Normalized Revealed Comparative Advantage (NRCA) index is calculated for 1990-2021. Analysis was made by considering the temporal comparison variation of NRCA. According to the research findings, the Customs Union adversely affects competitiveness in low and medium-low technology sectors where Türkiye is competitive. The results show the importance and necessity of the Customs Union revision.
Keywords : European Union, Customs Union, Competition Power, Balassa Index, Normalized Revealed Comparative Advantage

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