Where the Baltic States Confirm and Extend Predictions of an Enlarged Viner-Model

IF 1.2 Q4 BUSINESS

Journal of East-West Business Pub Date : 2023-01-03 DOI:10.1080/10669868.2022.2163023

Friedrich L. Sell, Jürgen Stiefl

引用次数: 0

Abstract

Abstract We empirically assess trade creation and diversion effects experienced by Baltic countries (2001–2020). To this purpose, we rely on the Viner model and its modifications to account for the access to the EU and for the monetary integration effects of the EURO adoption. We follow a three-steps-procedure (macro balance view, trend breaking view, and competitiveness view) which enables us to make a guess about the validation of the (expanded) Viner model. We show how the access to the EU and the adoption of the EURO by the Baltic countries redistributes shares of the respective import market and, hence, of incomes.

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波罗的海国家在哪里证实和推广了一个扩大的维纳模型的预测

摘要我们实证评估了波罗的海国家（2001-2020）所经历的贸易创造和转移效应。为此，我们依靠Viner模型及其修改来考虑加入欧盟的机会和采用欧元的货币一体化效应。我们遵循三个步骤（宏观平衡观、趋势突破观和竞争力观），这使我们能够对（扩展的）Viner模型的验证进行猜测。我们展示了波罗的海国家加入欧盟和采用欧元是如何重新分配各自进口市场的份额，从而重新分配收入的。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Journal of East-West Business BUSINESS-

CiteScore

2.10

自引率

26.70%

发文量

期刊介绍： Journal of East-West Business is a quarterly journal that deals with contemporary and emerging aspects of business studies, strategies, development, and practice as they relate to the Russian Federation, the new republics of the Commonwealth of Independent States, and Eastern/Central Europe-and business relationships with other countries of the world. The Journal of East-West Business is international in scope and treats business issues from comparative, cross-cultural, and cross-national perspectives. The journal features an Editorial Advisory Board that represents the Russian Federation, Eastern/Central European, and Baltic states in this new business arena.