Showing 1 - 10 of 139
This paper analyzes the time-varying integration of the Greek stock market from a regional perspective by using a conditional version of the international capital asset pricing model (ICAPM) allowing for dynamic changes in the degree of market integration, regional market currency risk, and...
Persistent link: https://www.econbiz.de/10010840854
This paper empirically examines the relationship between Foreign Direct Investment (FDI) and economic growth conducting a panel data analysis for a period of 20 years (1989~2008) in three different country groups: European Union member-countries, European Monetary Union member-countries, and...
Persistent link: https://www.econbiz.de/10010895309
This paper investigates the novel development of machinery trade pattern in the Central and Eastern Europe (CEE) and analyzes the extent and depth of production networks in Europe from the perspective of their links with East Asia during the past 15 years, 1995~2010. Our descriptive analysis...
Persistent link: https://www.econbiz.de/10010840848
In this paper we first document the growing importance of intra-East Asian trade in parts and components and capital goods facilitated by foreign direct investment (FDI). Japanese direct investment has a stronger influence on intra-East Asian trade relative to FDI from France and Germany. It is...
Persistent link: https://www.econbiz.de/10010840855
This paper examines how the industry-level FDI-export sales relationship is affected by the host nation’s status as an “export platform” (EP). Using Japanese FDI and export sales data into 35 host countries during the period 1989-1998 for 7 ISIC 2-digit industries, we find that the...
Persistent link: https://www.econbiz.de/10009391989
Using data on UK manufacturing firms, we examine the effects of exchange rate uncertainty on firm decisions on export market entry and export intensity. The use of micro data and new measures of exchange rate uncertainty enable us to test for hysteresis effects in a new way and to test the...
Persistent link: https://www.econbiz.de/10009421156
Access to the fast-growing Chinese economy is prized by policymakers and business people but concerns that European firms are missing out on the Chinese boom have led to soul-searching concerning Europe’s competitiveness and to criticism leveled at Chinese protectionism. This paper examines...
Persistent link: https://www.econbiz.de/10010840842
impact of the creation of the European Monetary System (EMS) on the volume of intra-European Union (EU) exports for eight EU … countries. We find that for Ireland the EMS boosted the volume of intra-EU exports, whereas for Belgium, Denmark, and Germany …, the EMS led to a decline in intra-EU exports. In the rest of the countries, there has not been a significant effect …
Persistent link: https://www.econbiz.de/10009391975
emigrants foster exports through both intensive and extensive margins at the micro-level. We show that destinations with more …
Persistent link: https://www.econbiz.de/10012305852
We conducted an empirical investigation into the determinants of Free Trade Agreement utilization in exports from …
Persistent link: https://www.econbiz.de/10011094117