Comparative advantage of agriculture sector between Turkey and European Union
Mehmet Arif žAHNL
Abstract
Mehmet Arif žAHNL
Abstract
The purpose of this study is to determine the competition in agricultural sector between Turkey and European Union. For this analysis, food and agriculture trade data for 2008 are used. The Revealed ComparativeAdvantage Index (RCA) is calculated for the 420 agricultural items with relevance to the agricultural sector.While Turkey has comparative advantage in 95 agricultural items, European Union has comparative advantage in 186 agricultural items in 2008. European Union has more comparative advantage in agricultural items than Turkey. Key words: Revealed comparative advantage, Balassa’s index, exports
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The purpose of this study is to determine the competition in agricultural sector between Turkey and European Union. For this analysis, food and agriculture trade data for 2008 are used. The Revealed ComparativeAdvantage Index (RCA) is calculated for the 420 agricultural items with relevance to the agricultural sector.While Turkey has comparative advantage in 95 agricultural items, European Union has comparative advantage in 186 agricultural items in 2008. European Union has more comparative advantage in agricultural items than Turkey. Key words: Revealed comparative advantage, Balassa’s index, exports
Key concepts: Revealed comparative advantage, Comparative advantage, Agriculture, European union, Index (typography), International trade, Competition (biology), Business