Examining the Effects of Eastern Bloc Countries' EU Membership on Trade Volume and Macroeconomic Variables

Osman Karayağız; İsmet Kahraman Arslan

Makale detayları

Examining the Effects of Eastern Bloc Countries' EU Membership on Trade Volume and Macroeconomic Variables

Yazarlar:

Osman Karayağız | İsmet Kahraman Arslan

Yayıncı:

Istanbul Ticaret University

Ana Başlıklar:

Ekonomik Entegrasyon

Dergi:

İstanbul Ticaret Üniversitesi Sosyal Bilimler Dergisi Vol.22 Issue 48, pp.1005-1024

Belge Tipi:

Makale

Yayın Tarihi:

12/2023

Belge Dili:

Türkçe

Document ID (Org No.):

2001307299

pISSN:

1303-5495

Anahtar kelimeler:

Özet:

 Purpose: Enlargement and Continental European integration moves, which are an important decision in the development of EU regional integration from the beginning to the present; Combined with the neo-liberal policies and globalization effects that started in the 1980s, it had an impact on the EU. With the collapse of the Eastern Bloc, the union started the process of enlargement and kept its desire to be a stakeholder in the world market both politically and economically and between states in terms of politics and politics. The aim of the study is to analyze the effects on the trade volumes and macroeconomic data of the new member countries that joined the union after the collapse of the Eastern Bloc after 1990. Method: In the modeling part of the study and in the supply of the data subject to the research, econometric modeling was carried out on the macroeconomic data of the World Bank between 1990-2021 on the EU, the World and the countries that became members of the EU after 2000. Trade volume as independent variables and as dependent variables; Evaluation was made on inflation, foreign investments, tax, tariff rate, unemployment and GDP per capita. Findings: As a result, with the EU membership of the Eastern Bloc countries, both the trade volumes and the macroeconomic data in general have evolved positively, and the trade creation and trade diversion effects of the union have been revealed. It has been observed that the new members, benefiting from the trade diversion effects of the union, have recovered and increased their macroeconomic indicators compared to the pre-union. Originality: There are many studies in the literature on the EU membership of Eastern Bloc countries, and the difference of this study is that it evaluates macroeconomic data as panel data and on trade volume.

 Purpose: Enlargement and Continental European integration moves, which are an important decision in the development of EU regional integration from the beginning to the present; Combined with the neo-liberal policies and globalization effects that started in the 1980s, it had an impact on the EU. With the collapse of the Eastern Bloc, the union started the process of enlargement and kept its desire to be a stakeholder in the world market both politically and economically and between states in terms of politics and politics. The aim of the study is to analyze the effects on the trade volumes and macroeconomic data of the new member countries that joined the union after the collapse of the Eastern Bloc after 1990. Method: In the modeling part of the study and in the supply of the data subject to the research, econometric modeling was carried out on the macroeconomic data of the World Bank between 1990-2021 on the EU, the World and the countries that became members of the EU after 2000. Trade volume as independent variables and as dependent variables; Evaluation was made on inflation, foreign investments, tax, tariff rate, unemployment and GDP per capita. Findings: As a result, with the EU membership of the Eastern Bloc countries, both the trade volumes and the macroeconomic data in general have evolved positively, and the trade creation and trade diversion effects of the union have been revealed. It has been observed that the new members, benefiting from the trade diversion effects of the union, have recovered and increased their macroeconomic indicators compared to the pre-union. Originality: There are many studies in the literature on the EU membership of Eastern Bloc countries, and the difference of this study is that it evaluates macroeconomic data as panel data and on trade volume.

 Purpose: Enlargement and Continental European integration moves, which are an important decision in the development of EU regional integration from the beginning to the present; Combined with the neo-liberal policies and globalization effects that started in the 1980s, it had an impact on the EU. With the collapse of the Eastern Bloc, the union started the process of enlargement and kept its desire to be a stakeholder in the world market both politically and economically and between states in terms of politics and politics. The aim of the study is to analyze the effects on the trade volumes and macroeconomic data of the new member countries that joined the union after the collapse of the Eastern Bloc after 1990. Method: In the modeling part of the study and in the supply of the data subject to the research, econometric modeling was carried out on the macroeconomic data of the World Bank between 1990-2021 on the EU, the World and the countries that became members of the EU after 2000. Trade volume as independent variables and as dependent variables; Evaluation was made on inflation, foreign investments, tax, tariff rate, unemployment and GDP per capita. Findings: As a result, with the EU membership of the Eastern Bloc countries, both the trade volumes and the macroeconomic data in general have evolved positively, and the trade creation and trade diversion effects of the union have been revealed. It has been observed that the new members, benefiting from the trade diversion effects of the union, have recovered and increased their macroeconomic indicators compared to the pre-union. Originality: There are many studies in the literature on the EU membership of Eastern Bloc countries, and the difference of this study is that it evaluates macroeconomic data as panel data and on trade volume.

 Amaç: AB bölgesel entegrasyonunun, başlangıcından günümüze gelişiminde önemli bir karar olan genişleme ve Kıta Avrupasının bütünleşme hamleleri; 1980lerde başlayan neo-liberal politikalar ve küreselleşme tesirleri ile birleşerek AB üzerinde etkili olmuştur. Doğu Bloğunun çöküşü ile birlik genişleme sürecine geçerek, hem politik, hem de ekonomik yönden dünya piyasasında ve politik-siyasal yönden devletler arasında paydaş olmak arzusunu diri tutmuştur. Çalışmanın amacı, 1990 sonrasında Doğu Bloğunun yıkılması ile birliğe dahil olan yeni üye ülkelerin ticaret hacimleri ve makro ekonomik verileri üzerindeki etkilerinin analiz edilmesidir. Yöntem: Çalışmanın modelleme kısmında ve araştırmaya konu verilerinin tedariğinde Dünya Bankasının 1990-2021 yılları arasındaki AB, Dünya ve ABye 2000 yılı sonrasında üye olan ülkelere ilişkin makro ekonomik veriler üzerinden ekonometrik modelleme yapılmak sureti ile ilerlenmiştir. Bağımsız değişken olarak ticaret hacmi ve bağımlı değişkenler olarak ise; enflasyon, yabancı yatırımlar, vergi, tarife oranı, işsizlik ve kişi başı GSYİH üzerinden değerlendirme yapılmıştır. Bulgular: Sonuç olarak Doğu Bloğu ülkelerinin AB üyeliği ile hem ticaret hacimlerinin, hem de genel anlamda makro ekonomik verilerinin pozitif yönde evrildiği, birliğin ticaret yaratıcı ve ticaret saptırıcı etkileri ortaya konulmuştur. Yeni üyelerin, birliğin ticaret saptırıcı etkilerinden lehlerine olacak şekilde fayda sağlayarak makro ekonomik göstergelerini, birlik öncesine göre toparlamış ve yukarı çekmiş olduğu gözlemlenmiştir. Özgünlük: Literatürde Doğu Bloğu ülkelerinin AB üyeliği konusunda çok sayıda çalışma olup, bu çalışmanın diğerlerinden farkı makro ekonomik verilerin panel veri olarak ve ticaret hacmi üzerinden değerlendirilmesi olmuştur.

Makale detayları

Examining the Effects of Eastern Bloc Countries' EU Membership on Trade Volume and Macroeconomic Variables

Yazarlar:

Osman Karayağız | İsmet Kahraman Arslan

Yayıncı:

Istanbul Ticaret University

Ana Başlıklar:

Ekonomik Entegrasyon

Dergi:

İstanbul Ticaret Üniversitesi Sosyal Bilimler Dergisi Vol.22 Issue 48, pp.1005-1024

Belge Tipi:

Makale

Yayın Tarihi:

12/2023

Belge Dili:

Türkçe

Document ID (Org No.):

2001307299

pISSN:

1303-5495

EU

REGIONAL INTEGRATION

UNION ENLARGEMENT'S MACRO IMPACTSAB

BÖLGESEL ENTEGRASYON

BİRLİK GENİŞLEMESİNİN MAKRO ETKİLERİ

Sayı

Makale detayları

Examining the Effects of Eastern Bloc Countries' EU Membership on Trade Volume and Macroeconomic Variables

Yazarlar: Osman Karayağız | İsmet Kahraman Arslan

Yayıncı: Istanbul Ticaret University

Ana Başlıklar: Ekonomik Entegrasyon

Dergi: İstanbul Ticaret Üniversitesi Sosyal Bilimler Dergisi Vol.22 Issue 48, pp.1005-1024

Belge Tipi: Makale

Yayın Tarihi: 12/2023

Belge Dili: Türkçe

Document ID (Org No.): 2001307299

pISSN: 1303-5495

EU

REGIONAL INTEGRATION

UNION ENLARGEMENT'S MACRO IMPACTSAB

BÖLGESEL ENTEGRASYON

BİRLİK GENİŞLEMESİNİN MAKRO ETKİLERİ

Sayı

Yazarlar:

Osman Karayağız | İsmet Kahraman Arslan

Yayıncı:

Istanbul Ticaret University

Ana Başlıklar:

Ekonomik Entegrasyon

Dergi:

İstanbul Ticaret Üniversitesi Sosyal Bilimler Dergisi Vol.22 Issue 48, pp.1005-1024

Belge Tipi:

Makale

Yayın Tarihi:

12/2023

Belge Dili:

Türkçe

Document ID (Org No.):

2001307299

pISSN:

1303-5495