Herrmann, Sabine; Jochem, Axel - 2005
analysis with aggregated data indicates that in the eight central and east European EU member states FDI and trade are … complementary. This result is confirmed by an FDI enhanced gravity model which makes use of sectoral data provided by the Bundesbank …'s micro database direct investment (MIDI). The net effect of FDI on the trade balance is ambiguous, but FDI in high …