In addition to firm and industry characteristics, the heterogeneity of foreign direct investment (FDI) has to be taken into account when analyzing the determinants of outward FDI. We combine two firm-specific datasets on German firms with subsidiaries and joint ventures in the Czech Republic,...

Estimating two-step selection models, we find that more democratic governments are more likely to conclude preferential trade agreements (PTAs) and to agree to stricter investment provisions related to pre-establishment national treatment and investor-state dispute settlement in PTAs. This is...

Recent studies offer an ambiguous picture on the effectiveness of foreign aid in strengthening the export capacity of recipient countries. Moreover, the literature on aid for trade (AfT) has often neglected that exporters in the donor countries may be among the main beneficiaries. We hypothesize...

We construct comprehensive and comparable indices on the most relevant components of economic infrastructure. An unobserved components model is employed to cover the largest possible number of developing and developed countries over the period 1990-2010. We map major findings from the new...

Our empirical estimations indicate that aid-for-trade granted by OECD donors strengthens the trade relations of recipient countries with other developing countries. By focusing on South-South trade we mitigate endogeneity concerns that have plagued analyses of trade between recipients and donors...

We raise the hypothesis that aid specifically targeted at economic infrastructure helps developing countries attract higher FDI inflows through improving their endowment with infrastructure in transportation, communication, energy and finance. By performing 3SLS estimations we explicitly account...

Considering that primary commodity dependence continues to be a major problem of various lower income countries, we analyze whether Aid for Trade (AfT) has helped recipient countries upgrade and diversify their exports. Estimating an asymmetric and aggregated gravity model, we find that AfT has...

Die in vielen internationalen Investitionsabkommen festgeschriebenen Regeln zur Streitschlichtung zwischen ausländischen Investoren und den Gaststaaten stoßen in Politik und Öffentlichkeit auf zunehmenden Widerstand. Die Auswertung einer neueren Datenbank der UNCTAD über insgesamt 739...

Die neue Welle des Regionalismus in Lateinamerika bietet mehr als alten Wein in neuen Schläuchen. Dennoch drohen hohe Erwartungen enttäuscht zu werden, die in die regionale Integration gesetzt werden. Die Entwicklung der ausländischen Direktinvestitionen in Lateinamerika in den neunziger...

Donor reactions to recent settlements of internal conflicts have been highly diverse, in terms of both overall aid and its sectoral composition. The allocation of post-conflict aid tends to be needs-based by favoring particularly poor countries. There is no conclusive evidence, however, that the...