We provide theoretical and empirical evidence that policy uncertainty can significantly affect firm level investment … dynamic, heterogeneous firms model we show that: (i) investment and entry into export markets is reduced when trade policy is …

competition model that studies the effect of trade liberalization on exit and sectoral restructuring in the business services … business services sector. The empirical analysis confirms that due to greater import penetration, French service firms exit by … majority of this exit, helping to inform the ongoing debate regarding the dangers of services trade liberalization. …

sector liberalization. The literature touches on important linkages between trade and FDI in services and the general pattern … contributions that investigate the determinants of international trade and investment in services, the potential gains from greater … trade, and efforts to cooperate to achieve such liberalization through trade agreements. There is increasing evidence that …