This constant-market-shares (CMS) analysis shows the development of competitiveness, market and product structure of the Austrian merchandise exports from 1990 to 2006. The traditional CMS application was transformed to a dynamic model, such that the static indicators have been replaced by time...

The Heckscher-Ohlin theory and the Ricardian theory of international commerce traditionally have been treated as separate conceptual frameworks, but a growing body of empirical work is relying on both simultaneously and calls for an integrated theory. This paper combines the Heckscher-Ohlin...

A 2-country model with two groups of agents, workers and capitalists is presented in which economic integration results in an initial phase of catch-up, where the less industrialised country experiences the rise in both capital and labour income. Then, after a certain level of integration has...

This study examines the role of foreign direct investment (FDI) in enabling Russia to grow and prosper economically. The study focuses on Russia's policy towards FDI, assessing how well it has worked through analysis of the data, and how it may be strengthened. The paper considers the roles and...

This study analyses the effect of trade and migration on wages and labour market mobility. We estimate wage growth equations and a multinomial logit mobility equation on an individual data set for 1991 to 1994. We find substantial differences in the reactions of white and blue-collar workers...

Do landlocked countries face special economic development problems? Whereas traditional neoclassical theory is ambiguous, more recent directions in trade theory and the theory of economic growth suggest reasons why landlocked countries might be at a disadvantage. Our empirical evidence confirms...