, multinational activity in Eastern Europe is mostly unilaterally whereas, for industrialized countries, bilateral FDI linkages …

Has the labor share declined? And what is the impact of international trade? These questions are not only relevant in … this paper, we study two regions with trade exposures that differ from the rest of the country, and which display distinct … than in West Germany. In Southern Italy, the labor share has increased in recent years. We show that increased trade …

model of multinational firms facing real and financial barriers to foreign direct investment (FDI), and we analyze their … impact on the FDI decision (the extensive margin) and foreign affiliate sales (the intensive margin). We provide empirical …

sector and the real economy. Exports and foreign direct investment (FDI) have declined, presumably not only because of a lack … access to external finance on firms’ choices to export or to engage in FDI. We simultaneously model a firm’s decision to … engage in FDI and in exports, and we assess the importance of financial factors for this choice (the extensive margin) as …

the years 1990-2000 to describe the regional and sectoral patterns of German FDI through gravity-type equations. We … provide evidence on the patterns of FDI by sector, by size of the foreign affiliate, and by the number of affiliates per host … country. While market size and geographic distance have a significant impact on FDI stocks, we also find differences in the …