1,721,048 research outputs found
FDI potential and shortfalls in South Mediterranean countries: the role of institutions as determinants and diversion forces
No full textWe examine FDI flows (1994-2003) from the EU to two neighbouring regions: Central and Eastern Europe (CEE) and the South Mediterranean area (MED). A GLS random effect gravity regression of the determinants of bilateral FDI flows to a large sample of 84 developed and developing partners shows that MED countries are not different from the rest of the sample, and from the CEE region in particular, once institutional and policy variables are included in the analysis, i.e. the actual capital inflows to MED economies are not much different from the flows predicted on the basis of a gravity equation enlarged to include policy and institutional factors. This suggests that the low inflows of FDI to the MED region might correspond to equilibrium conditions given institutional and policy distortions which economic agents have to face. The analysis also provides circumstantial evidence that the intensification of FDI in CEE, following integration with the EU, has had no discernible dampening effect on FDI flows directed to MED countries. The lack of displacement effects is confirmed by the common trends followed by coefficients obtained interacting yearly with regional dummies representing the two neighbouring areas considered
“Trade of Italian Regions with Central and Eastern European Countries over 1994-2002: Competitive and non Competitive Sectors and Impact on Regional Labour Markets”
No full textL’evoluzione dei rapporti commerciali fra Italia e paesi partner mediterranei fra riorientamento, vocazione e perdita di quote di mercato
No full textL'evoluzione dei rapporti commerciali e produttivi fra Italia e paesi terzi mediterranei: fra riorientamento, vocazione e perdita di quote di mercato
No full text
“Product Quality in CEE-EU Trade. Determinants and Adjustment Effects”,
No full textThis study concerns the role of product differentiation and quality upgrading in the changing commodity composition of Italy-CEE trade. First, this is be done through an assessment of the weight of high and low quality intra-industry trade (IIT) measured by the Grubel-Lloyd index. Then, we look at the features assumed by the process of trade reorientation using a Constant Market Share Analysis. This breaks down the growth in CEE exports to Italy into two shares: a “demand” and a “competitiveness” one. The former may be used to check what proportion of exports has been rising because of a shift to productions of growing demand. The latter, indicates how much the CEECs have been able to expand their shares in the same markets due to an increase in their competitiveness. Then, it is verified by regression analysis whether the increased competitiveness has been determined by increased price competitiveness (term of trade effect) or by quality upgrading. Finally, we give some hints on the likely effects of different sources of trade with the CEECs for different categories of workers
"Price versus quality competition in Italy's trade with Central and Eastern Europe over the transition"
No full textDepartmental Working Papers of Economics - University 'Roma Tre
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