Resource constraints and East European foreign trade structures

The Foreign Trade Pattern and Foreign Trade Specialization of Candidates of the European Union

The enlargement of the European Union will bring many political, economical and structural changes on the Continent, which require careful and deep analysis to be made. This paper will grasp the enlargement of the European Union from the aspect of the trade pattern and trade specialization of six major European Union candidates; namely, Turkey, Bulgaria, Hungary, Romania, Poland and the Czech R...

The Slavic and East European Language Resource Center

Foreign Affairs and Trade

It is known that a theory in S5-epistemic logic with several agents may have numerous models. This is because each such model specifies also what an agent knows about infinite intersections of events, while the expressive power of the logic is limited to finite conjunctions of formulas. We show that this asymmetry between syntax and semantics persists also when infinite conjunctions (up to some...

U . S . , Japanese and Korean Foreign Direct Investment and the Various Modes of East Asian Trade

In this paper we document the growing importance of intra-East Asian trade of parts and components. Our empirical analysis shows that FDI does play an important and independent or exogenous role in facilitating the trade of parts and components in East Asia. This is true for aggregate FDI as well as FDI from individual countries, including investment from the United States, Japan and South Kore...

Foreign Trade and Equilibrium Indeterminacy

We show that dependence of production on foreign inputs (or non-producible natural resources) can significantly increase the likelihood of indeterminacy. Payment of imported foreign factors of production may act as a semi-fixed cost, amplifying production externalities and returns to scale, making selffulfilling expectations driven busyness cycles easier to arise. This is demonstrated using a s...