Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/128955 
Year of Publication: 
2011
Series/Report no.: 
WIFO Working Papers No. 401
Publisher: 
Austrian Institute of Economic Research (WIFO), Vienna
Abstract: 
This paper analyses openness to trade, migration and foreign direct investment (FDI) using panel data. The focus is on the relationship between 15 EU countries (EU 15) as destination countries, and 71 trading partner countries which send migrants and receive FDI outflows, where only those predictions are introduced in the extended gravity model which are based on demographic trends of the partner countries and their geographical locations. The results confirm that a unified model successfully explains differences in openness to trade, migration and FDI between the EU 15 and the 12 new EU member countries, candidate countries, and developing countries.
Subjects: 
International trade
migration
foreign direct investment
gravity model
Document Type: 
Working Paper

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