In this paper, the author presents a simple theoretical framework to discuss the potential contributions of free trade zones on the host country. Then, he mainly concentrates on the effects of free zones in Turkey on the Turkish economy. Note: This is the revised version of the paper which is...

This document studies the long-run functions and the adjustment dynamics for Mexican foreign trade with both aggregated and disaggregated data. Exports depend on the US index of industrial production and the real exchange rate. The level of imports is a function of the Mexican index of...