strong agglomeration economies in Japanese investment. Two policy variables are consistently shown to influence the location … of investment - foreign trade zones and labor subsidies. We use simulations to explore the impact these policies had on … the geographic distribution of Japanese investment. The simulations reveal that in aggregate promotion programs largely …

This paper evaluates evidence of the impact of outbound foreign direct investment (FDI) on domestic investment rates …. OECD countries with high rates of outbound FDI in the 1980s and 1990s exhibited lower domestic investment than other … countries, which suggests that FDI and domestic investment are substitutes. U.S. time series data tell a very different story …

Foreign direct investment offers a rich laboratory in which to study the broader economic effects of securities market …

The paper surveys a theory of FDI, which captures a unique feature: hands-on management standards, that enable … specialized in the source country. Consequently, FDI investors would make investment, both larger, and of higher quality (namely … the domestic investment and output growth regressions relative to the portfolio equity flow and international loan …

accounting framework tomeasure these domestic and international distortions, and to quantify their con-tributions to …