This collection of essays shows the high degree of complementarity between foreign direct investment and home export, challenging the long held fear that firms investing abroad leads to a loss of employment and decline in the home country

The standard measures of flows and stocks of FDI view FDI as a financial flow and its accumulation as a stock, but most uses of FDI data require measures of employment, payrolls, capital inputs, and output from FDI. Judging by data for the United States, the flow and stock data provide rough...