How Dependent Are the Baltic States on Russia?

Lina Sineviciene and Rytis Krusinskas

Europe-Asia Studies, 2018, vol. 70, issue 8, 1264-1280

Abstract: This article explores the impact of international trade on private investment in the three post-Soviet Baltic states—Estonia, Latvia and Lithuania—by applying the business cycle synchronisation theory and highlighting the importance of big neighbours for small open economies. The study covers 1995–2015. The study shows that changes in the GDP growth of trading partners can have a greater effect on domestic private investment in small open economies than GDP changes in their own economies. The ongoing business cycle synchronisation between Russia and the Baltic countries means that the impact of Russia as a big neighbour remains an important issue for the latter.

Date: 2018
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://hdl.handle.net/10.1080/09668136.2018.1508643 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:ceasxx:v:70:y:2018:i:8:p:1264-1280

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/ceas20

DOI: 10.1080/09668136.2018.1508643

Access Statistics for this article

Europe-Asia Studies is currently edited by Terry Cox

More articles in Europe-Asia Studies from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().