Deseatnicov, Ivan; Kucheryavyy, Konstantin; Fukao, Kyoji - 2022
affect FDI entry decisions in a dynamic setting, even when controlling for previous export experience in foreign markets. We …Why does aggregate foreign direct investment (FDI) fall with distance? We conjecture that high trade costs adversely … test this hypothesis using Japanese firm-level data for the period of 1995–2018, and find that the probability of FDI entry …