Recent evidence suggests that regional economic integration provides an important stimulus not only to trade, but also to FDI. In contrast, the available theory on FDI does not yet provide empirically testable propositions on the effects of concurrent trade and investment liberalisation....

This paper uses a simple gravity model of bilateral FDI flows to assess the commonly heard assertion that FDI inflows into transition economics in Central ad Eastern Europe have been disppointingly low. The results show that the amounts of overseas investment bY EU countries in the more advanced...

Economic integration between the EU and the CEECs has proceeded at high speed over the 90's, with the main channels of such integration being trade and FDI. Some authors believe that the `commercial transition?is now complete and that a new, deeper phase of integration has started, with growing...

The Almost Ideal Demand System can be made integrable by a slight change in its specification.

How can we best explain the behavior of exports into Britain and Germany from 1975 to 1995? Our study uses a highly disaggregated data det to find some evidence of hysteresis in trade flows (rather stronger for German imports than for British) and the role of technology proxies, particularly...

Are home and foreign products equally close substitutes? Our study uses highly disaggregated data to investigate the home preference bias in the Swedish fabricated metals sector, which appears to be declining.

In this paper, we seek to adapt the analysis of Moshini et al by proosing a block structure for the price parameter matrix. This approch is slightlymore restrictive in terms of constraining the substitution effects in a s ingle level demand system, and so conserves further degrees of freedom.