IDEAS home Printed from https://ideas.repec.org/a/gam/jdataj/v8y2023i12p181-d1291939.html
   My bibliography  Save this article

Internationalization in the Baltic Regional Accounts: A NUTS 3 Region Dataset

Author

Listed:
  • Rasmus Bøgh Holmen

    (Institute of Transport Economics, Gaustadalleen 21, 0349 Oslo, Norway)

  • Nicolas Gavoille

    (Department of Economics, Stockholm School of Economics in Riga, Baltic International Centre for Economic Policy Studies, Strelnieku iela 4a, 1010 Riga, Latvia)

  • Jaan Masso

    (School of Economics and Business Administration, University of Tartu, Narva mnt. 18, 51009 Tartu, Estonia)

  • Arūnas Burinskas

    (Business Law Department, Faculty of Law, Vilnius University, Saulėtekio al. 9—I rūmai, 10222 Vilnius, Lithuania)

Abstract

Features of internationalization, such as trade, foreign direct investments, and international migration, are crucial for understanding the economic developments of small and open economies. However, studying internationalization at the country level may obscure significant heterogeneity in its relationship with economic growth and other economic and social outcomes. Regional accounts provide insights into the geography of internationalization, but collections of such disaggregated statistics are rarely provided by statistical bureaus. The purpose of this paper is twofold. First, we demonstrate how regional account data, including internationalization indicators, can be constructed to obtain consistent and homogeneous regional-level series using a combination of micro and macro data sources. Second, our aim is to foster spatial research on internationalization and the spatial economy in the Baltics by providing comprehensive data collection of socio-economic variables at the NUTS 3 regional level over time. This collection encompasses trade, FDI, and migration, enabling the study of internationalization and other features of the Baltic economy. We present a series of key features, revealing noticeable correlation patterns between regional development and internationalization.

Suggested Citation

  • Rasmus Bøgh Holmen & Nicolas Gavoille & Jaan Masso & Arūnas Burinskas, 2023. "Internationalization in the Baltic Regional Accounts: A NUTS 3 Region Dataset," Data, MDPI, vol. 8(12), pages 1-32, November.
    • Handle: RePEc:gam:jdataj:v:8:y:2023:i:12:p:181-:d:1291939
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2306-5729/8/12/181/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2306-5729/8/12/181/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Urmas Varblane, 2001. "Flows of foreign direct investments in the Estonian economy," University of Tartu - Faculty of Economics and Business Administration, in: Urmas Varblane (ed.), Foreign Direct Investments in the Estonian Economy, edition 1, volume 9, chapter 1, pages 1-30, Faculty of Economics and Business Administration, University of Tartu (Estonia).
    2. Konstantins Benkovskis & Jaan Masso & Olegs Tkacevs & Priit Vahter & Naomitsu Yashiro, 2020. "Export and productivity in global value chains: comparative evidence from Latvia and Estonia," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 156(3), pages 557-577, August.
    3. Karsten Staehr, 2015. "Economic Growth and Convergence in the Baltic States: Caught in a Middle-Income Trap?," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 50(5), pages 274-280, September.
    4. Tarlok Singh, 2010. "Does International Trade Cause Economic Growth? A Survey," The World Economy, Wiley Blackwell, vol. 33(11), pages 1517-1564, November.
    5. Urmas Varblane & Tonu Roolaht & Ele Reiljan & Rein Juriado, 2001. "Estonian Outward Foreign Direct Investments," University of Tartu - Faculty of Economics and Business Administration Working Paper Series 9, Faculty of Economics and Business Administration, University of Tartu (Estonia).
    6. Urmas Varblane (ed.), 2001. "Foreign Direct Investments in the Estonian Economy," University of Tartu - Faculty of Economics and Business Administration, Faculty of Economics and Business Administration, University of Tartu (Estonia), edition 1, volume 9, number 09, December.
    7. Ele Reiljan, 2001. "Determinants of foreign direct investment inflows in Estonia," University of Tartu - Faculty of Economics and Business Administration, in: Urmas Varblane (ed.), Foreign Direct Investments in the Estonian Economy, edition 1, volume 9, chapter 2, pages 31-90, Faculty of Economics and Business Administration, University of Tartu (Estonia).
    8. Hunya, Gabor, 2004. "FDI in small accession countries: the Baltic states," EIB Papers 9/2004, European Investment Bank, Economics Department.
    9. Joachim Wagner, 2016. "International Trade and Firm Performance: A Survey of Empirical Studies since 2006," World Scientific Book Chapters, in: Microeconometrics of International Trade, chapter 2, pages 43-87, World Scientific Publishing Co. Pte. Ltd..
    10. Michael Harter & Reiner Jaakson, 1997. "Economic success in Estonia: The centre versus periphery pattern of regional inequality," Post-Communist Economies, Taylor & Francis Journals, vol. 9(4), pages 469-490.
    11. Falkowski Krzysztof, 2018. "Competitiveness of the Baltic States in International High-Technology Goods Trade," Comparative Economic Research, Sciendo, vol. 21(1), pages 25-43, March.
    12. ArÅ«nas Burinskas & ArÅ«nas Burinskas & Rasmus Bøgh Holmen & Manuela TvaronaviÄ ienÄ— & AgnÄ— Å imelytÄ— & Kristina RazminienÄ—, 2021. "FDI, technology & knowledge transfer from Nordic to Baltic countries," Insights into Regional Development, VsI Entrepreneurship and Sustainability Center, vol. 3(3), pages 31-55, September.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Priit Vahter & Jaan Masso, 2007. "Home versus Host Country Effects of FDI: Searching for New Evidence of Productivity Spillovers," Applied Economics Quarterly (formerly: Konjunkturpolitik), Duncker & Humblot, Berlin, vol. 53(2), pages 165-196.
    2. Ele Reiljan, 2002. "Internationalization Of Estonian Enterprises: The Market Dimension," University of Tartu - Faculty of Economics and Business Administration Working Paper Series 14, Faculty of Economics and Business Administration, University of Tartu (Estonia), revised 2003.
    3. Pierluigi Montalbano & Silvia Nenci & Carlo Pietrobelli, 2018. "Opening and linking up: firms, GVCs, and productivity in Latin America," Small Business Economics, Springer, vol. 50(4), pages 917-935, April.
    4. Valeria Gattai & Piergiovanna Natale & Francesca Rossi, 2022. "Board Diversity and Outward FDI: Evidence from Europe," Working Papers 491, University of Milano-Bicocca, Department of Economics, revised Mar 2022.
    5. Jaan Masso & Kerly Krillo, 2010. "Estonia, Latvia and Lithuania: Minimum Wages in a Context of Migration and Labour Shortages," Chapters, in: Daniel Vaughan-Whitehead (ed.), The Minimum Wage Revisited in the Enlarged EU, chapter 4, Edward Elgar Publishing.
    6. Jaan Masso & Raul Eamets & Kaia Philips, 2004. "Creative destruction and transition: the effects of firm entry and exit on productivity growth in Estonia," UCL SSEES Economics and Business working paper series 38, UCL School of Slavonic and East European Studies (SSEES).
    7. Urata, Shujiro & Baek, Youngmin, 2022. "Impacts of firm's GVC participation on productivity: A case of Japanese firms," Journal of the Japanese and International Economies, Elsevier, vol. 66(C).
    8. Gattai, Valeria & Natale, Piergiovanna & Rossi, Francesca, 2023. "Board diversity and outward FDI: Evidence from europe," Economic Modelling, Elsevier, vol. 120(C).
    9. Prajukta Tripathy & Pragyanrani Behera & Bikash Ranjan Mishra, 2023. "Study of linkages between productivity, export, and outward foreign direct investment: An empirical perspective of Indian manufacturing industries," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 28(2), pages 1527-1548, April.
    10. Karishma Banga, 2022. "Impact of global value chains on total factor productivity: The case of Indian manufacturing," Review of Development Economics, Wiley Blackwell, vol. 26(2), pages 704-735, May.
    11. Magdalena A. Sobańska, 2007. "Bezpośrednie inwestycje zagraniczne w Estonii," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 9, pages 55-77.
    12. Valeria Gattai & Valentina Trovato, 2014. "Estimating sourcing premia with Italian regional data," Working Papers 276, University of Milano-Bicocca, Department of Economics, revised Jun 2014.
    13. R. Rijesh, 2019. "International Trade and Productivity Growth in Indian Industry: Evidence from the Organized Manufacturing Sector," Journal of South Asian Development, , vol. 14(1), pages 1-39, April.
    14. Montalbano, Pierluigi & Nenci, Silvia & Pietrobelli, Carlo, 2017. "Opening and linking up: Firms, global value chains and productivity in Latin America," MERIT Working Papers 2017-030, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    15. Valeria, Gattai & Rajssa, Mechelli & Piergiovanna, Natale, 2016. "FDI and Heterogeneous Firms: Evidence from BRIC Countries," Working Papers 322, University of Milano-Bicocca, Department of Economics, revised 18 Jan 2016.
    16. Juan A. Máñez Castillejo & Consuelo Mínguez Bosque & María E. Rochina Barrachina & Juan A. Sanchis Llopis, 2020. "Trading activities, productivity and markups: Evidence for Spanish manufacturing," The World Economy, Wiley Blackwell, vol. 43(3), pages 644-680, March.
    17. Valeria Gattai, 2015. "Internationalisation and performance at the firm-level: what we learn from Italy," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 42(4), pages 475-509, December.
    18. Wolszczak-Derlacz Joanna, 2018. "The Analysis of Firms’ Involvement in Internationalisation And Determinants of its Intensity – An Analysis For Developing and Post-Transition Economies," Economics and Business Review, Sciendo, vol. 4(1), pages 44-63, April.
    19. Valeria Gattai & Giorgia Sali, 2016. "FDI and heterogeneous performance of European enterprises," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 43(1), pages 25-65, March.
    20. Babatunde Abidoye & Peter Orazem & Milan Vodopivec, 2014. "Mandatory costs by firm size thresholds: firm location, growth and death in Sri Lanka," IZA Journal of Labor & Development, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 3(1), pages 1-20, December.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jdataj:v:8:y:2023:i:12:p:181-:d:1291939. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.