Demographic Dividends in the South', Ageing North', and South-South' Trade Diversification

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dc.authoridSECKIN, ZENNUBE AYLIN/0000-0003-4139-2728
dc.contributor.authorGeorges, Patrick
dc.contributor.authorSeckin, Aylin
dc.date.accessioned2024-07-18T20:45:26Z
dc.date.available2024-07-18T20:45:26Z
dc.date.issued2016
dc.departmentİstanbul Bilgi Üniversitesien_US
dc.description.abstractThe absence of clear convergence in incomes per capita and welfare between the North and the South, even in the face of spectacular growth rates in GDP in the emerging South, might be due to a terms of trade deterioration resulting from an expansion of production in the South which depresses the product's price on world markets. This may originate from a technical catch up and also from a demographic dividend in the South relative to an ageing North. This article illustrates that some South-South trade diversification might mitigate the terms of trade deterioration and increase welfare gains in the South. We use a multicountry overlapping-generation general equilibrium model to simulate the magnitude of the terms of trade effect due to a demographic dividend in Turkey, and show that some trade diversification away from EU toward the South is a welfare improving policy for Turkey.en_US
dc.description.sponsorshipTurkish Research Council [TUBITAK - SOBAG 1001, 111K489]; TUBITAK - SOBAG 1001en_US
dc.description.sponsorshipThe authors acknowledge financial support by the Turkish Research Council with grant: TUBITAK - SOBAG 1001 - No. 111K489.en_US
dc.identifier.doi10.1080/1540496X.2015.1073989
dc.identifier.endpage2413en_US
dc.identifier.issn1540-496X
dc.identifier.issn1558-0938
dc.identifier.issue10en_US
dc.identifier.scopus2-s2.0-84945207093en_US
dc.identifier.scopusqualityQ1en_US
dc.identifier.startpage2397en_US
dc.identifier.urihttps://doi.org/10.1080/1540496X.2015.1073989
dc.identifier.urihttps://hdl.handle.net/11411/7552
dc.identifier.volume52en_US
dc.identifier.wosWOS:000386655800014en_US
dc.identifier.wosqualityQ3en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.publisherRoutledge Journals, Taylor & Francis Ltden_US
dc.relation.ispartofEmerging Markets Finance and Tradeen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectAgeingen_US
dc.subjectDemographic Dividenden_US
dc.subjectGeneral Equilibrium Modellingen_US
dc.subjectOverlapping Generation Modellingen_US
dc.subjectTrade Policyen_US
dc.subjectTurkeyen_US
dc.titleDemographic Dividends in the South', Ageing North', and South-South' Trade Diversification
dc.typeArticle

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