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countries to 31 OECD countries over the period 1995-2015. We specifically emphasise the effect of regional trade agreements such … as the European Union (EU) and the North American Free Trade Area (NAFTA) along with membership of the Currency Union … that follow from the application of the gravity model. We look at the effects of the North American Free Trade Area on …
Persistent link: https://www.econbiz.de/10012921549
I use panel data of sales by the foreign subsidiaries of the U.S. MNCs to examine whether trading blocs create more or less FDI and the impacts on FDI of the extended market size created by forming blocs. By employing a region-fixed effects model, I find that countries forming trading blocs...
Persistent link: https://www.econbiz.de/10013007245
In this paper the recent effect of the European Monetary Union on inward FDI-flows is examined. We use a difference-in-differences approach for both a gravity based- as well as a general equilibrium approach. The estimated results show that the introduction of the euro raises inward FDI by 14 to...
Persistent link: https://www.econbiz.de/10014080573
The EU and the US have started negotiations on a Transatlantic Trade and Investment Partnership Agreement (TTIP) which …
Persistent link: https://www.econbiz.de/10010354546
if EU enlargement has had any diversion effects on trade between the EU and Russia at all, they have been minimal, while … robust growth in both the EU and Russia, as well as high oil and gas prices, has boosted trade. Likewise, FDI to and from …
Persistent link: https://www.econbiz.de/10011641271
The Eastern enlargement of the European Union (EU) is likely to give a further boost to trade and capital flows, yet … determinants of international asset holdings and trade flows. We find in most regressions that EU membership has a significant … candidates actual values are still far below expected ones in most cases. Consequently, we anticipate rising capital and trade …
Persistent link: https://www.econbiz.de/10011472489
of trade integration for the similarity of business cycles are less robust and thus less important for the transmission …
Persistent link: https://www.econbiz.de/10010519622
current economic cooperation will be shown through trade volume and foreign direct investment outflows from the European Union …
Persistent link: https://www.econbiz.de/10011869971
estimator. Results indicate that the trade channel is not as important as cross-section models suggest but that FDI may have the …
Persistent link: https://www.econbiz.de/10010432451
the decade preceding the war in Ukraine, Austrian trade with the region generally developed less dynamically than EU trade …, as trade with countries that did not sign Deep and Comprehensive Free Trade Agreements (DCFTAs) with the EU …
Persistent link: https://www.econbiz.de/10014558975