The paper analyses the effects of international fragmentation in terms of intermediate goods trade on the dynamics of skill-specific real wage bills in manufacturing of three Central and East European countries (Hungary, Poland, the Czech Republic). Both intermediate goods exports and imports of...

This paper aims to complement work done within the WIOD project (the "World Input Output Database" project financed by the EU's Seventh Framework Programme), which compiled supply and use tables for 40 countries, covering about 85 percent of the world economy. The paper describes the derivation...

This paper aims to complement work done within the WIOD project (the "World Input Output Database" project financed by the EU's Seventh Framework Programme), which compiled supply and use tables for 40 countries, covering about 85 percent of the world economy. The paper describes the derivation...

Since the revival of the gravity literature in the early nineties most work has been done with cross-section data. Just a few more recent contributions made use of panel data. So far that research left open the question whether to treat time and country effects as random or fixed. This note...

Foreign Direct Investment (FDI) is not only a transfer of capital, but a complex bundle of capital and firm-specific assets like production and management know-how. In particular, the transfer of production know-how improves overall productivity of FDI-receiving firms and to some extent also...

This paper implements a panel data approach for studying the determinants of and relationships between bilateral economic activities in terms of both trade and foreign direct investment between the EU member states. The familiar equation for testing the determinants of bilateral exports is...