Adopting a novel method of synthetic difference-in-differences (SDID), this paper examines the causal impact of the Brexit referendum on the services exports of the UK and other major services exporters. It provides a comparative analysis of, inter alia, Germany, Ireland, and the UK, and...

This paper investigates spatial determinants of FDI location. In particular, FDI in neighboring countries and foreign market potential are two variables it focuses on. The sample includes a panel of 27 transition countries in 1993-2007. The spatial links are found positive and economically...

The paper investigates the costs and benefits of 2004 EU enlargement from the standpoint of Ukraine - a country that has been left behind. This angle allows estimating the costs of non-integration that occurred due to trade diversion and forgone opportunity to carry our structural changes in the...

Abstract: This paper applies a two stage estimation procedure that accounts for a sample-selection bias and firm-level heterogeneity in order to estimate a gravity model of exports at industry level of aggregation for 119 exporting countries and 142 importing countries in 2002-2006. It further...