The paper surveys the interactions between aid and trade, distinguishing between policies and outcomes as well as … between various instruments. It first discusses the theoretical literature, focusing on the causal impact of aid on the … recipient’s welfare via the trade channel, before turning to the empirical and institutional literature on the topic. It …

This paper explores Southeast Asia's trade performance over the four and a half centuries from 1500 to 1940. It … identifies the determinants of the commodity export performance – falling trade costs, income growth of its trading partners, and … improved supply conditions at home. It also explores its impact on Southeast Asia's growth performance: trade specialization …

This paper emphasizes the relevance of classical transition dynamics for trade policy, particularly for developing … to trade policy reforms. The paper employs a simple growth model to examine these effects, formally developing the …

countries, trade preferences have proven a stumbling block to developing country support for multilateral liberalization. We …

We estimate the respective contributions of institutions, geography, and trade in determining income levels around the … world, using recently developed instruments for institutions and trade. Our results indicate that the quality of … institutions are controlled for, trade is almost always insignificant, and often enters the income equation with the 'wrong' (i …

-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 … direct investment. It explains the motivation behind the development of new analytical frameworks, the nature of these …

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 …