What would normalisation of economic relations between Mashrek countries, Turkey and Israel imply?

Alfred Tovias*, Sema Kalaycioglu, Inon Dafni, Ester Ruben, Lior Herman

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

2 Scopus citations

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.

Original languageAmerican English
Pages (from-to)665-684
Number of pages20
JournalWorld Economy
Volume30
Issue number4
DOIs
StatePublished - Apr 2007
Externally publishedYes

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