In this paper we investigate the firm-specific factors that account for the decision to invest in low-wage countries on the part of Italian firms in the textiles and clothing sector. This analysis is motivated by the fact that our survey data show, between 1990 and 1997, a decline of average...

This paper aims to contribute to the current debate on aid effectiveness and suitability by examining a specific aspect of the problem: the theoretical and empirical relationship between tied aid and trade flows. In the first part, we evaluate the theoretical implications of the use of tied aid...

A relevant share of the theoretical and empirical analysis on economic growth has been devoted to finding a specific role for international trade in reinforcing countries' growth rates. Not as much attention has been dedicated to the role of sectoral composition of export in influencing the...