| 来源类型 | Article and other Publication
|
| 规范类型 | 其他
|
| Modeling of FDI in business services: additional effects in case of Ukraine’s European integration |
| Olekseyuk, Zoryana
|
| 出版年 | 2016
|
| 摘要 | To analyze Ukraine's deep and comprehensive integration with the EU, we develop a multi-regional general-equilibrium simulation model incorporating heterogeneous firms and Foreign Direct Investment (FDI) in business services. This allows for consideration of (a) trade growth in new varieties; (b) aggregate productivity changes attributed to reallocation of resources across and within an industry; and (c) productivity growth in manufacturing due to increased access to business services. The results indicate relatively small gains for the EU, whereas Ukraine benefits with a welfare increase of over 8%. The deindustrialization impact, previously found by Olekseyuk and Balistreri (2014) in a comparison of different modeling structures, is supported by our findings. Ukraine's welfare gains are higher under an Armington structure compared to monopolistic competition. This is due to a movement of resources into Ukraine's traditional export sectors producing under constant returns. Implementation of the FDI modeling approach and liberalization of barriers to FDI, however, mitigates the deindustrialization impact as multinational firms enter the Ukrainian market. This increases the number of available varieties and, consequently, induces productivity growth of manufacturing sectors due to improved access to business services as critical inputs. |
| URL | https://www.die-gdi.de/en/others-publications/article/modeling-of-fdi-in-business-services-additional-effects-in-case-of-ukraines-european-integration/
|
| 来源智库 | German Development Institute (Germany)
|
| 资源类型 | 智库出版物
|
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/498889
|
推荐引用方式
GB/T 7714 |
Olekseyuk, Zoryana. Modeling of FDI in business services: additional effects in case of Ukraine’s European integration.
|
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
