Garmel, Kateryna; Maliar, Lilia; Maliar, Serguei - In: Journal of Comparative Economics 36 (2008) 2, pp. 307-325
In this paper, we study how eastward enlargement of the EU may affect the economies of old and new EU members and non-accession countries in the context of a multi-country neoclassical growth model where foreign investment is subject to border costs. We assume that at the moment of the EU...
