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

Rasmus Bøgh Holmen (), Nicolas Gavoille, Jaan Masso () and Arūnas Burinskas
Additional contact information
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
Arūnas Burinskas: Business Law Department, Faculty of Law, Vilnius University, Saulėtekio al. 9—I rūmai, 10222 Vilnius, Lithuania

Data, 2023, vol. 8, issue 12, 1-32

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.

Keywords: regional accounts; Baltic states; NUTS 3 region; spatial economic development; internationalization (search for similar items in EconPapers)
JEL-codes: C8 C80 C81 C82 C83 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.mdpi.com/2306-5729/8/12/181/pdf (application/pdf)
https://www.mdpi.com/2306-5729/8/12/181/ (text/html)

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:gam:jdataj:v:8:y:2023:i:12:p:181-:d:1291939

Access Statistics for this article

Data is currently edited by Ms. Cecilia Yang

More articles in Data from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().