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AI InsightThe agricultural effects of Turkey's integration into the European Union (EU) and optimal strategies for Turkey and the EU are analyzed Results show that Turkey' s PPF values will be lower, with respect to agriculture, when it joins the EU; however, EU trade liberalization benefits Turkey.
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Özet
Agricultural trade policies between Turkey and the European Union are modeled using a political preference function (PPF). The PPF is used to estimate the producer and consumer weights perceived by policy makers. The agricultural effects of Turkey's integration into the European Union (EU) and optimal strategies for Turkey and the EU are analyzed Results show that Turkey' s PPF values will be lower, with respect to agriculture, when it joins the EU; however, EU trade liberalization benefits Turkey.
Abstract
Agricultural trade policies between Turkey and the European Union are modeled using a political preference function (PPF). The PPF is used to estimate the producer and consumer weights perceived by policy makers. The agricultural effects of Turkey's integration into the European Union (EU) and optimal strategies for Turkey and the EU are analyzed Results show that Turkey' s PPF values will be lower, with respect to agriculture, when it joins the EU; however, EU trade liberalization benefits Turkey.