-regulatory convergence explains part of the total effect, whereas trade has no role in explaining the euro's positive effect on integration. …

-driven and the decision to serve foreign countries via exports or FDI depends on a proximity-concentration trade-off. We … characterize the joint patterns of trade and FDI when countries differ in income distribution and size and show that FDI is more …We study patterns of FDI in a multi-country world economy. First, we present evidence for a broad sample of countries …

This Economica Coase Lecture reviews research that has revolutionized the field of international trade and foreign …

firms to serve foreign markets either through exports or local subsidiary sales (FDI). These modes of market access involve … serve the overseas market via FDI. The Paper then explores several implications of the individual firms’ decisions for … aggregate export and FDI sales relative to the domestic and foreign market sizes. In particular, it is shown that firm level …

Globalization is not only about the rise of trade, FDI, and migration. It is also about the changing linkages among … liberalization fostered not only trade but also inward investment, confirming that trade and FDI toward developing countries have …, trade policies and the stock of FDI have a positive impact on the incentives to invest in education. This set of findings …

reduce the relative prevalence of FDI or foreign outsourcing. The impact on the composition of offshoring depends on whether …

This paper explores the links between the patterns of migration (high vs. low-skill), trade policy, and foreign direct … investment (FDI) from the standpoint of sending countries. A skeleton general equilibrium model with a non-traded good and sector …-specific labour is used to explore the effects of the skill-composition of exports on FDI. The model suggests that if exports are low …

The effects of ISO 9000 diffusion on trade and FDI have gone understudied. We employ panel data reported by OECD … diffusion to have no effect in developed nations, but to positively pull FDI (i.e., enhancing inward FDI) and positively push … trade (i.e., enhancing exports) in developing nations. …