ventures have better export performance than private domestic firms in financially more vulnerable sectors. These results are … FDI. Our findings are consistent with multinational subsidiaries being less liquidity constrained because they can tap … additional funding from their parent company and/or access foreign capital markets. More broadly, they suggest that FDI can …

based on Yeaple's complex FDI concept. In its simplest form, horizontal-ness is measured as affiliates' local sales share …

driven mostly by global commodity prices. In order to better understand the determinants of export success in Africa we …

investment (FDI). Firms that enter a foreign market by exporting are able to capture consumer surplus from introducing a … product space are lower and a merger with an incumbent (horizontal FDI) offers pricing power that allows the entrant to … can therefore explain why FDI has become more frequent in recent periods in the presence of falling trade costs. Cross …

direct investment by U.S. firms and the export trade of the United States, a subject of bitter controversy for at least the …

. While the substantial presence of FIEs has contributed greatly to the recent export-led growth of China, an important …

We develop a simple model of the choice between exploiting a technology in another country via export and via direct …

aggregate export and FDI sales relative to the domestic and foreign market sizes. In particular, it is shown that firm level … heterogeneity is an important determinant of relative export and FDI flows. We use the model to derive testable empirical … predictions on the relative aggregate export and FDI sales in a given country for a given sector based both on relative costs and …

likely to serve as source for FDI exports than their characteristics project export lower flow of FDI than is predicted by … whether to invest at all) and the FDI flow equation (the decision how much to invest). We find that countries which are more …