Showing 1 - 10 of 78
Persistent link: https://www.econbiz.de/10005406652
As the EU expands, the focus is on the Western Balkans region1, which is rich with opportunity and potential. It is experiencing significant improvements in terms of reforms, economic growth and foreign direct investment (FDI). Developing economies such as those in the Western Balkans are...
Persistent link: https://www.econbiz.de/10010969051
This study attempted to identify how regional integration and spatial enlargement would affect firms’ strategic decisions from the outside of an integrated region. By analyzing data sets between 2000 and 2007 utilizing the gravity model, this study examined the specific properties of Korean...
Persistent link: https://www.econbiz.de/10010944635
data, uses a wider sample of Central and Eastern European Countries (CEEC) which includes the Western Balkans, since we …
Persistent link: https://www.econbiz.de/10010667718
labour abundant CEEC are ambiguous. Both scenarios are investigated theoretically, simulated with a hypothetical two country … CGE model, including the EU and the CEEC and then tested empirically. Accordingly, globalisation has contributed to a … decline in the labour income shares in the EU and an increase in the CEEC. Additionally, those EU countries which are engaged …
Persistent link: https://www.econbiz.de/10010670272
data, uses a wider sample of Central and Eastern European Countries (CEEC) which includes the Western Balkans, since we …
Persistent link: https://www.econbiz.de/10011039146
Using a simple Markov regime switching model, a time-varying measure of the effect of the return on a Latin American portfolio on the Spanish stock returns is obtained. The evidence can be summarised as follows. First, the effect is positive but not very large. However, it has increased since...
Persistent link: https://www.econbiz.de/10008755248
An economic regime might take the form in which extractive institutions do not allow for the proper development of foreign direct investment. In consequence these countries cannot fully benefit from economic aspects of globalization and increasing standards of living. This is the case of...
Persistent link: https://www.econbiz.de/10010888494
The paper surveys the literature on the effects of finance on productivity growth. In both the theoretical and empirical literature, there is no consensus regarding the contribution of financial liberalization and financial development to growth. Focusing on the direct channels of growth, the...
Persistent link: https://www.econbiz.de/10010956114
Few scientific papers treat the role of institutions on the relationship between foreign direct investment (hereafter FDI) and economic growth. In the existing literature, the FDI effects on growth are not easy to understand. Mixed findings, both theoretical and empirical, have been provided on...
Persistent link: https://www.econbiz.de/10010929481