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Focusing on Austria and five countries in Central Europe [the Czech Republic, Hungary, Poland, Slovakia and Slovenia (CEC-5)], the paper reviews selected economic developments related to the enlargement of the European Union. Over the past decade, Austria has enjoyed disproportionate gains from...
Persistent link: https://www.econbiz.de/10009649595
This paper analyses intra-industry trade in the new member States and its impact on the convergence process. The paper investigates the development of intra-industry trade (IIT) of the NMS with major partners between 2000-2007. IIT is separated into horizontal and vertical components on the...
Persistent link: https://www.econbiz.de/10008577497
This paper analyses the impact of the EU accession of Bulgaria and Romania. The fifth EU enlargement in 2004 and 2007 did not only extend the Single European Market. Since 2009, the euro zone encompasses 16 out of 27 EU member states. Additionally the Schengen area has been expanded to include...
Persistent link: https://www.econbiz.de/10008459162
While the increased frequency of relocation of productive capacities to lower wage countries from developed economies … relocation have been widely neglected. Hungary, together with other new EU member countries, is one of the net beneficiary … countries of relocation especially from the developed EU-15 countries. Macro-data can be used only to a limited extent to …
Persistent link: https://www.econbiz.de/10010941766
Relocation is a way of reducing costs, thus increasing competitiveness, by splitting production and services between … countries. The main argument kindling the relocation debate suggests that moving abroad generates job losses in the home country … country, due to increasing the overall competitiveness of the companies engaged in relocation, which allows the upgrading of …
Persistent link: https://www.econbiz.de/10009492723
Relocation is recently one of the most widely discussed problems, especially in the old member states of the European … Union. At the same time, developments in the target countries of relocation are less widely discussed. Hungary, with other … new EU member countries, is one of the net target countries of relocation especially from the most developed EU-15 …
Persistent link: https://www.econbiz.de/10010693801
the related FDI flows from them to the NMS. Thereby we identify various effects of relocation and globalisation on the EU … process of convergence. We find that in a general equilibrium setting fears of large adverse effects of a relocation of EU-15 …
Persistent link: https://www.econbiz.de/10005136618
the related FDI flows from them to the NMS. Thereby we identify various effects of relocation and globalisation on the EU … process of convergence. We find that in a general equilibrium setting fears of large adverse effects of a relocation of EU-15 …
Persistent link: https://www.econbiz.de/10005537247
the related FDI flows from them to the NMS. Thereby we identify various effects of relocation and globalisation on the EU … process of convergence. We find that in a general equilibrium setting fears of large adverse effects of a relocation of EU-15 …
Persistent link: https://www.econbiz.de/10005566029
The main objective of the paper is to establish the link between the exogenous migration shocks and endogenous foreign direct investment flows in a small open economy setting with international capital mobility, immobile labour and a non-traded good. I find that the immigration of the...
Persistent link: https://www.econbiz.de/10005018090