Maliar, Lilia; Garmel, Kateryna; Maliar, Serguei - Instituto Valenciano de Investigaciones Económicas (IVIE) - 2005
This paper studies how the EU Eastern enlargement can affect the economies of the old and the new EU members and the non-acceded countries in the context of a multi-country neoclassical growth model where Foreign Direct Investment (FDI) is subject to border costs. We assume that in the moment of...