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Capital and trade flows in Europe and the impact of enlargement
Buch, Claudia M.; Piazolo, Daniel - 2000
The Eastern enlargement of the European Union (EU) is likely to give a further boost to trade and capital flows, yet empirical evidence on the possible magnitudes is still scarce. This paper uses four different datasets to estimate the determinants of international asset holdings and trade...
Persistent link: https://www.econbiz.de/10011472489
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European integration and changing trade patterns : the case of the Baltic states
Laaser, Claus-Friedrich; Schrader, Klaus - 2002
The analysis of Baltic regional trade patterns reveals that during the nineties the Baltic states made significant progress to integrate into the Western European division of labour although a significant share of (transit) trade with Russia remained. In view of this development, history seems...
Persistent link: https://www.econbiz.de/10011490984
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Distance(s) and the volatility of international trade(s)
Mehl, Arnaud; Schmitz, Martin; Tille, Cédric - 2019
Does distance matter for the volatility of international real and financial transactions? We show that it does, in addition to its well-established relevance for the level of trade. A simple model of trade with endogenous markups shows that demand shocks have a larger impact on trade between...
Persistent link: https://www.econbiz.de/10011988553
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Does the East get what would otherwise flow to the South? : FDI diversion in Europe
Buch, Claudia M.; Kokta, Robert M.; Piazolo, Daniel - 2001
This paper examines the FDI flows towards two regions in the periphery of Europe: the Central and Eastern European countries (CEECs) and the countries of Southern Europe. We investigate whether evidence exists for FDI diversion from Southern Europe to the CEECs. A cursory observation of recent...
Persistent link: https://www.econbiz.de/10011476428
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The Baltic States' integration into the European division of labour
Laaser, Claus-Friedrich (contributor);  … - 2004 - [Elektronische Ressource]
The analysis of Baltic trade statistics and gravity estimates reveal that Estonia, Latvia and Lithuania have rapidly integrated into the international division of labour with a distinct EU focus. The Baltic States have taken a road towards the EU common market which pays particular attention to...
Persistent link: https://www.econbiz.de/10002498211
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The distance puzzle: on the interpretation of the distance coefficient in gravity equations
Buch, Claudia M. (contributor); Kleinert, Jörn (contributor) - 2003 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001756163
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The ties that bind : geopolitical motivations for economic integration
Hinz, Julian - Institut für Weltwirtschaft - 2017
Economic determinants of economic integration agreements (EIAs) have received ample attention in the economic literature. Political motivations for such agreements have been mostly studied as functions of domestic politics or in the context of conflict. In this paper I suggest a different...
Persistent link: https://www.econbiz.de/10011704381
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The cost of sanctions : estimating lost trade with gravity
Hinz, Julian - 2017
Economic sanctions are a frequently used tool of foreign policy. Constraining trade flows towards or from the target country is supposed to coerce its government into changing certain policies. However, sanctions constitute an obstacle to trade, thereby affecting flows of all countries,...
Persistent link: https://www.econbiz.de/10011746005
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Bilateral trade and conflict heterogeneity : the impact of conflict on trade revisited
Kamin, Katrin - 2022
Although the number of interstate disputes has fallen in the past 30 years, rising geopolitical competition is challenging the foundation of the absence of great power war. Additionally, the number of internal conflicts is surging. At the same time, globalisation has spun a net of global trade...
Persistent link: https://www.econbiz.de/10013266361
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Heterogeneous immigrants and foreign direct investment : the role of language skills
Lücke, Matthias; Heidland, Tobias - 2015
We investigate the interplay of language skills and immigrant stocks in determining bilateral FDI out-stocks of OECD … immigrants on bilateral FDI - provided that residents of the two countries have few language skills in common. We find a similar … effect for immigrants from third countries that speak the language(s) of the FDI host country, making them potential …
Persistent link: https://www.econbiz.de/10011345004