and the volatility of the main capital flows - foreign direct investment (FDI), portfolio investment, and foreign bank …

firm will export or import. Foreign ownership has a large positive impact on the likelihood to engage in direct trade but a … negative effect on the likelihood to trade through intermediaries; the effects vary across upper and lower middle income …

firm will export or import. Foreign ownership has a large positive impact on the likelihood to engage in direct trade but a … negative effect on the likelihood to trade through intermediaries; the effects vary across upper and lower middle income …

We use Japanese microdata to examine how financial market frictions affect foreign direct investment (FDI). The … identify two possible transmission channels from financial shocks to FDI: (i) a collateral channel, whereby changes in the …

This paper examines how free-trade agreements and customs unions affect the location of foreign direct investment (FDI …. Conditions are identified under which a free-trade agreement leads to FDI and under which this improves welfare. The welfare … competition. A free-trade agreement may fail to induce welfare-improving FDI, creating a role for a customs union. …

Economic theory provides two main explanations why changes in exchange rates can affect foreign direct investment (FDI …). According to a first explanation, FDI reacts to exchange rate changes if there are information frictions on capital markets and … explanation, FDI reacts to exchange rate changes if output and factor markets are segmented, and if firm-specific assets are …