The inclusion of agricultural products in the current customs union
is one of the potential future steps on the road to further
political and economic integration between Turkey and the EU. This
book examines the effects of such integration of agricultural
markets on the Turkish agricultural sector as well as on consumers
and the Turkish budget. Results are compared to alternative options
for Turkish agricultural policy. To this aim, a detailed partial
equilibrium model of the Turkish agricultural sector is developed.
The complete liberalization of the agricultural sector is found to
lead to significant welfare gains compared to the maintenance of
current policies. It appears that including agricultural products
in the customs union results in similar results with few but
significant exemptions.
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