This paper brings new evidence on the impact of services liberalization on performance of manufacturing firms. Using a unique database of Ukrainian firms in 2001-2007, we utilize an external push for liberalization in services sector as a source of exogenous variation to identify the impact of...

This paper analyzes whether the three-point rule in soccer brought more action to the game for a large sample of European championships in 1990-1997, revealing team-specific heterogeneity of responses caused by differences in team tactics in the period prior to the rule change. Teams that relied...

This paper applies a non-parametric heteroscedasticity and autocorrelation consistent (HAC) estimator of error terms in the context of the spatial autoregressive model of GDP per capita convergence of European regions at NUTS 2 level. By introducing the spatial dimension, it looks how the...

We develop a theoretical model that explains intra-industry distribution of wages with variation in market power of firms, along with traditional variation in productivity. The model predicts that the outcome of the bargaining game between the firm owners and employees depends crucially on the...

This paper explores the welfare implications of the current US protectionist non-cooperative trade policy and potential responses by the EU and China. Using a structural gravity approach, we evaluate three retaliatory scenarios. Our estimates suggest that the impact of this trade war on the US...

Adopting a novel method of synthetic difference-in-differences (SDID), this paper examines the causal impact of the Brexit referendum on the services exports of the UK and other major services exporters. It provides a comparative analysis of, inter alia, Germany, Ireland, and the UK, and...

This paper investigates spatial determinants of FDI location. In particular, FDI in neighboring countries and foreign market potential are two variables it focuses on. The sample includes a panel of 27 transition countries in 1993-2007. The spatial links are found positive and economically...

The paper investigates the costs and benefits of 2004 EU enlargement from the standpoint of Ukraine - a country that has been left behind. This angle allows estimating the costs of non-integration that occurred due to trade diversion and forgone opportunity to carry our structural changes in the...