This paper analyses the determinants of international immigration in 13 European destination countries using a data set on 139 origin countries in 2000. The results indicate that gravity variables (population and distance), the macroeconomic conditions, cultural proximity, and the existence of...

This study investigates the relationship between market integration and price convergence in international markets. Using a panel data set of consumer price indices (general and by groups and classes), it examines how European market integration has affected cross-country dispersion in the...

This article estimates the effect of the present global systemic banking crisis on foreign direct investment (FDI) using the gravity equation on a sample of 161 countries over the period 2003 to 2010. Systemic banking crises, through demand shocks and credit constraints, may impact FDI in two...