The advantages of using gravity approach for modeling transition processes in foreign trade are the ability of gravity models to explain international trade pattern under the conditions of comparatively little amount of data and validity of theoretical background of the model to the economies in...

The paper focuses on examining the role of blue industries in the national economies of Estonia and Finland as two neighbouring countries that have a sea border. We exploit the Input-Output (I-O) methodology to analyse inter-industry linkages relying on the OECD I-O tables. The OECD database...