As a consequence of the increasing globalisation and integration of the world's markets, there has been an intensive process of international fragmentation of production over the last few decades. This phenomenon whereby previously integrated productive activities are segmented and...

In this paper, we seek to analyze the impact that the ability to produce more sophisticated goods has on the economic performance of the Western Balkan region and to determine the factors fostering this process. To do so, we elaborate an export sophistication index, à la Hausmann. The outcomes...

The globalization of the world economy has given rise to new trade patterns through the intensification of international production networks (IPNs). This phenomenon has enabled countries to undertake more in-depth specialization in niche parts of the production chain, with important benefits for...

The present work analyses the impact of free trade agreements (FTAs) on the improvement of trade flows for ten Middle East and North African Countries (MENA) for the period 1990-2010. An extended gravity model is estimated to analyse the average and individual impact of six FTAs (four...

El objetivo principal de esta investigación es estudiar el efecto de las tecnologías de la información y de las comunicaciones (TIC) sobre el comercio y el desarrollo económico para el caso de España. Las TIC afectan al desarrollo económico directa e indirectamente, y es en el efecto...

In this paper, we investigate the links between inward foreign direct investment and imports in Spain. We show that FDI in this country has been trade-oriented, encouraging greater imports. Foreign production thus magnifies its potential gains with the conventional benefits of trade. A...