This paper compares the new ten members of the European Union (EU) and Turkey in terms of their ability to produce new technologies, productivity levels and trade structure. Firstly, the link between findings of the ‘new trade theory’ and the ‘endogenous growth theory’ in which the difference between growth level of countries is attributed to the differences in human capital and skills to produce (or imitate) new technologies are examined. Then, the share of intra-industry trade in total trade of Turkey and the new members is analyzed by using Grubel-Lloyd index. Results suggest that Turkey’s relative backwardness in creating new products is well reflected in its low share of high-tech exports and particularly in poor performance of intra-industry trade in research oriented goods. This result confirms the main conclusions derived from the new approaches on trade and growth.
Alan : Eğitim Bilimleri; Sosyal, Beşeri ve İdari Bilimler
Dergi Türü : Uluslararası
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