The main idea of this paper is that bank internationalization might encourage exports as banks' foreign branches and representative offices provide financial and informational support to exporting firms. This hypothesis has been tested using bank and firm data at Italian province-level between...

In this paper we show that price equalization alone is not sufficient to determine the barriers to international trade. There are many barrier combinations that deliver price equalization, but each combination implies a different volume of trade. We demonstrate this first theoretically in a...

This paper presents an endogenous growth model of an open economy in which the growth rate of income is higher if foreign capital goods are used relatively more than domestic capital goods for the production of capital stock. Empirical results, using cross country data for the period 1960-85,...