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This study adopts the modified growth model to examine whether the APEC integration would promote economic growth among the member countries during 1989-2000. It also compares whether the developed and developing member countries would derive different growth-enhancing effect from the...
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Purpose: The purpose of this study is to modify the gravity model to identify the main determinants of the European Union (EU) bank lending to the Central and Eastern Europe (CEE) countries during 1994-2012. Design/methodology/approach: This study uses both two-stage least squares and dynamic...
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Using the modified gravity model, this study examines whether the free trade areas of NAFTA, ANZCER and ASEAN would result in trade creation among the member countries and trade diversion with the non-member countries. Further, it applies Linder's income similarity concept to explain the trade...
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