assume that investors face costs of control that vary among sectors and increase in distance. The results show that (i … distance may have a non-monotonous effect on the likelihood of horizontal investments, and (iii) that globalization, if … understood as reducing distance, leads to more integration. …

assume that investors face costs of control that vary among sectors and increase in distance. The results show that (i … distance may have a non-monotonous effect on the likelihood of horizontal investments, and (iii) that globalization, if … understood as reducing distance, leads to more integration. …

German neighboring countries, we find that distance significantly matters for the workplace location in Germany. The striking … exception is Poland. For non-neighboring countries, distance only matters for countries which are geographically close to … Germany. Distance has also a negative effect on the net-migrations flows of foreign workers from geographically close …