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• W2012204638 abstract "This article studies the within-country regional effects of trade liberalisation in Central and Eastern European countries. CEE countries liberalised their trade with the European Union from the mid-1990s, while also receiving substantial foreign investment in the process. The first part of the period witnessed strong agglomeration effects in all of the countries, leading progressively to core–periphery type specialisation, and increasing regional wage differentials. In the second part of the period, however, there is notable evidence of a reversal in the relative regional specialisation, pointing to a U-shaped pattern of relative regional wages. Using the regional data for five CEE countries in 1990–2004 we argue that FDI inflows can be an important factor accelerating the observed regional adjustment process in the host country. First, we show that in four out of five CEE countries there is a significant U-shaped adjustment pattern of regional wages after they opened up to foreign trade. Second, we find robust econometric confirmation that in three of the five countries FDI has contributed significantly to faster adjustment of relative regional wages." @default.
• W2012204638 created "2016-06-24" @default.
• W2012204638 creator A5022585308 @default.
• W2012204638 creator A5052129601 @default.
• W2012204638 date "2011-06-01" @default.
• W2012204638 modified "2023-10-02" @default.
• W2012204638 title "Trade liberalisation and economic geography in CEE countries: the role of FDI in the adjustment pattern of regional wages" @default.
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• W2012204638 doi "https://doi.org/10.1080/14631377.2011.570041" @default.
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