Research for evidence on offshoring activities and its driving forces has been done by analyzing gross trade flows related to offshoring using gravity equations augmented by ad hoc measures of supply-side country differences. We develop a specification grounded in incomplete specialization that...

We analyze how a set of traditional as well as new determinants affect trade among European countries over the period 1992-2008. The factors encompass variables from the areas of geography, culture, institutions, infrastructure, and trade direction. Trade is analyzed for three types of goods:...

Recent empirical studies have been searching for evidence on and driving forces for offshoring. Frequently, this has been done by analyzing gross trade flows related to offshore activities using gravity equations augmented by ad hoc measures of supply-side country differences. This paper...

Recent empirical studies have been searching for evidence on and driving forces for offshoring. Frequently, this has been done by analyzing gross trade flows related to offshore activities using gravity equations augmented by ad hoc measures of supply-side country differences. This paper...

The authors analyze financial-system development in the so-called Visegrad Four countries (Hungary, the Czech Republic, Poland, and Slovakia) during 1993–2005. They conceptualize the Visegrad Group economy as a set of sectors that interchange financial assets to measure financial-system...

Within a higher-dimensional incomplete specialization Heckscher-Ohlin framework, we first develop a gravity model that views bilateral gravity equations as statistical relationships constrained on countries’ multilateral specialization patterns. Second, we test our model empirically by using a...

By combining and extending the previous literature, we develop and test a gravity specification that views bilateral gravity equations rooted in a Heckscher-Ohlin framework as statistical relationships constrained on countries’ multilateral specialization patterns. According to our results,...

We analyze how a set of determinants affect trade among European countries over the period 1992–2008. The factors encompass variables from the areas of geography, culture, institutions, infrastructure, and trade direction. Trade is analyzed for four types of goods: primary goods, parts and...

As it used to happen in the past years, CERGE-EI's annual summary was published in December 2001. Dr. Jan Hanousek, Director of CERGE-EI, and Dr. Lubomír Lízal, Deputy Director for Research were this year's editors. All articles were written by members of CERGE-EI faculty and researchers,...

CERGE-EI's publication summarizing the economic situation in the Czech Republic was published in December 1999. This edition was edited by Dr. Jan Hanousek, Director of CERGE-EI, and Dr. Daniel Münich, Deputy Director for Graduate Studies, and features articles by a number of CERGE-EI faculty...