What Would Normalisation of Economic Relations between Mashrek Countries, Turkey and Israel Imply?

20 Pages Posted: 26 Mar 2007

See all articles by Alfred Tovias

Alfred Tovias

Hebrew University of Jerusalem - Department of International Relations

Sema Kalaycioglu

Isik University - Department of Economics

Inon Dafni

Discount Bank

Ester Ruben

Yildiz Teknik Universitesi

Lior Herman

London School of Economics & Political Science (LSE) - European Institute; European Centre for International Political Economy (ECIPE)

Abstract

This article examines the potential for economic cooperation among Mashrek countries, Turkey and Israel in the fields of trade in goods and services both separately and across-field. It first describes the macroeconomic features of the region and then estimates the overall potential for inter-industry trade in goods by estimating gravity equations for each country separately and the potential for intra-industry trade using Grubel-Lloyd indices. The article also examines the potential for trade in specific services, namely information and computer technology, transport, financial and health services.

Suggested Citation

Tovias, Alfred and Kalaycioglu, Sema and Dafni, Inon and Ruben, Ester and Herman, Lior, What Would Normalisation of Economic Relations between Mashrek Countries, Turkey and Israel Imply?. The World Economy, Vol. 30, No. 4, pp. 665-684, April 2007. Available at SSRN: https://ssrn.com/abstract=976106 or http://dx.doi.org/10.1111/j.1467-9701.2006.00823.x

Alfred Tovias (Contact Author)

Hebrew University of Jerusalem - Department of International Relations ( email )

Mount Scopus
Jerusalem, IL Jerusalem 91905
Israel
+02 5881053 (Phone)
+02-5882989 (Fax)

HOME PAGE: http://ir.huji.ac.il/Segel_pages/tuvias.htm

Sema Kalaycioglu

Isik University - Department of Economics ( email )

Buyukdere Caddesi
Ayasaga
Maslak, Istanbul 80670
Turkey
+90-212-2862960, ext. 4151 (Phone)
+90-212-2523583 (Fax)

HOME PAGE: http://iibf.isikun.edu.tr/tr/economics/skalaycioglu.htm

Inon Dafni

Discount Bank ( email )

Israel

Ester Ruben

Yildiz Teknik Universitesi ( email )

Davutpasa Mh., Esenler
Besiktas, Istanbul 80750
Turkey
+90 212 259 70 70 (Phone)
+90 212 259 42 02 (Fax)

HOME PAGE: http://www.ikt.yildiz.edu.tr/index.php?o=i&id=23

Lior Herman

London School of Economics & Political Science (LSE) - European Institute ( email )

Houghton Street
London WC2A 2AE
United Kingdom

HOME PAGE: http://search.lse.ac.uk/search?q=Lior+Herman&ie=&site=systest&output=xml_no_dtd&client=systest&lr=&p

European Centre for International Political Economy (ECIPE) ( email )

Rue Belliard 4-6
Brussels, 1040
Belgium

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