We quantify the economic impact of a potential secession of Catalonia from Spain. Using a novel dataset of trade flows … between 17 Spanish sub-national regions and 142 countries, we estimate effects of different levels of borders on trade flows … associated political uncertainty. In counterfactual experiments, we impose new borders on Catalan trade, potentially within or …

- horizontal versus vertica l- within the European Union and the relevance of trade integration as a potential determinant of … investment flows over the period 1995-2009. We capture trade integration by estimating the magnitude and evolution of the home … robust relationship of complementarity between trade integration and FDI provides at least one argument in support of …

The analysis of Baltic regional trade patterns reveals that during the nineties the Baltic states made significant … progress to integrate into the Western European division of labour although a significant share of (transit) trade with Russia … occupation. In addition, a trade entropy analysis and gravity model estimates show that European integration of the Baltic states …

economic activities in terms of both trade and foreign direct investment between the EU member states. The familiar equation …

past free trade agreements (FTAs) as well as obtain ex ante predictions for the effects of future FTAs. We first identify … ante trade frictions. The effects of new FTAs are similarly weaker for pairs with existing agreements already in place. In … addition, we are able to relate asymmetries in FTA effects to each country's ability to influence the other's terms of trade …

implemented to analyze the effect of inward foreign direct investment (FDI) on exports. We use cross-sectional HS trade data …

member countries. In a three-factors proximity-concentration New Trade Theory model we indentify the channels of influence on …

help to shed light on the main factors influencing the euro effect on trade flows. We intend to verify whether these … coming from trade integration and points out the fact that sector exports impacts are the aggregation results of firm …

This paper provides analysis of intra-industry trade determinants between Western Balkan countries and old European … Union Member States. Overall intra-industry trade has been analysed, as well as its horizontal and vertical component …, within bilateral trade framework. All components of intra-industry trade exhibit much lower degree than EU New Member States …