export/import prices and numerous studies show that the effect of currency fluctuations decreases within the distribution …

Why does aggregate foreign direct investment (FDI) fall with distance? We conjecture that high trade costs adversely … affect FDI entry decisions in a dynamic setting, even when controlling for previous export experience in foreign markets. We … decreases with distance. We conclude that trade costs limit a firm’s ability to assess foreign market uncertainty. As a result …

We scrutinize the role of capital flows in competitiveness in a set of seven euroarea member countries (Estonia, Greece … focus is on Greece. The paper extends the seminal Balassa-Samuelson model to include international capital markets, placing … 2013 show evidence of the Balassa-Samuelson effect if Greece is excluded from the panel. For Greece, this in turn provides …

, Greece, Latvia, Lithuania, Portugal, Slovenia, and the Slovak Republic) in the context of real convergence and crisis. A … specific focus is on Greece. The paper extends the seminal Balassa-Samuelson model to include international capital markets … 2013 show evidence of the Balassa-Samuelson effect if Greece is excluded from the panel. For Greece, this in turn provides …