Während die politischen Beitrittsverhandlungen der EU mit der Türkei in den letzten Jahren keine großen Fortschritte vorzuweisen haben, entwickeln sich die bilateralen wirtschaftlichen Beziehungen sehr positiv. Mit einer stetigen Steigerung des Güterhandels ist die türkische Industrie heute...

This article analyses the development and challenges of international trade as a means of economic and political transformation. It examines the historical role of free trade in global integration and highlights the growing criticism of its effectiveness in the face of rising authoritarian...

The underlying model analyzes the first time foreign market entry decision of a representative investor who can choose between export and FDI. The model combines the proximity-concentration trade-off framework with the real option methodology and sheds light on the effects of productivity...

This paper presents a dynamic framework which implements risk as a continuous variable into the proximity-concentration trade-of concept. Additionally firms have the possibility to postpone their investment decision which gives them the possibility to collect further information about the...