This paper assesses the impact of market power and multinationality in EU12 manufacturing industries on EU integration in goods trade in the 90ies. An increase in the market concentration exhibits a positive impact on bilateral exports, while an increase in multinationality works in the opposite...

This paper focusses on the estimation of error components models in the presence of a correlation of the disturbances across equations and AR(1) of the remainder disturbances for panel data with endogenous unobserved effects. Additionally, the set-up allows for unequally spaced panel data and...

The envisaged EU enlargement will lead to a redirection of Structural and Cohesion Funds expenditures from current to new EUmembers. This redistribution of funds makes the accession countries even more attractive as a location of FDI. Using a logistic regressions approach, this paper shows that...

This paper assesses the relationship between EU manufacturing imports from the southern EU and the CEEC. Final goods imports are strongly complementary and intermediate goods imports are substitutive. An increase in the high-skilled to low-skilled labor ratio in the EU-South or the degree of...