The long-run determinants of euro area FDI to the United States during the period 1980-2001 are explained by employing the Tobin's Q-model of investment. By using the fixed effects panel estimator, stock market developments in the euro area countries - including a measure adjusted for economic...

The 2004 EU enlargement will most likely yield major benefits to the new member countries in the long run. The new members will be able to capture gains from trade in goods and services and will moreover benefit from a continued inflow of financial and real capital. Without doubt, these...

Relocation or delocalisation – derived from the French ‘délocalisation’ – is a hotly debated topic; it refers to the migration of jobs and production to other parts of the world, mostly poor(er) developing countries. The debate is fuelled by the perception that relocation has become more...