o:28980 The role of Chinese investments in the bilateral exports of new E.U. member states and Western Balkan countries en ABSTRACT: This paper explores the economic relations between China and new E.U. member states and Western Balkan countries. China is an important trade partner for these countries, but in recent years the cooperation has been extended to include Chinese foreign direct investments (F.D.I.) inward investment. Using the Poisson pseudomaximum likelihood (P.P.M.L.) method to estimate a gravity model of bilateral trade, this study analysed the export flows of these countries as a function of total inward F.D.I. and Chinese F.D.I. as well. The results imply that F.D.I. inflows from China significantly increase the bilateral exports of the investigated countries, where F.D.I. has a greater impact on the exports of new E.U. member states than on Western Balkan countries. KEYWORDS: Trade and F.D.I.; Chinese F.D.I.; C.E.E.C. export; China and C.E.E.C. relations; panel data 1552099 10.1080/1331677X.2018.1456357 1552101 1331-677X 2023-05-03T10:00:54.180Z 44 no 46 Danijela Jaćimović Radmila Dragutinović Mitrović Univerzitet u Beogradu Ekonomski fakultet person 12776807 0000-0003-2566-4666 Predrag Bjelić Univerzitet u Beogradu Ekonomski fakultet person 12871271 0000-0002-9777-8403 K. Tianping person Miloš Rajković person application/pdf 1223156 https://phaidrabg.bg.ac.rs/o:28980 no yes 16 70 92000001 11A03 Economic Research - Ekonomska istraživanja 31 1 1185 1197 2018