Intra-Industry Trade and Foreign Direct Investment in North-West Russia
In this study we investigate trade patterns of six Northwest Russian regions by applying the intra-industrial trade index (IIT) by Grubel-Lloyd (1975). In addition the study investigates the relationship of foreign direct investments and trade. The results show that the higher rates of IIT appear in...
| Main Authors: | , |
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| Format: | Text |
| Language: | English |
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| Online Access: | http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.624.2197 http://www.hse.ru/data/275/479/1238/Sirkjarvi.pdf |
| Summary: | In this study we investigate trade patterns of six Northwest Russian regions by applying the intra-industrial trade index (IIT) by Grubel-Lloyd (1975). In addition the study investigates the relationship of foreign direct investments and trade. The results show that the higher rates of IIT appear in more developed regions. Moreover the regressions reveal that FDI has a positive impact on regions trade and con rm the complementarity between FDI and trade in the case of manufacturing industries. 1. |
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