Showing 1 - 10 of 9,974
China's accession to the World Trade Organization (WTO) in 2001 was a massive boostfor the multilateral trading system …
Persistent link: https://www.econbiz.de/10012300545
To serve foreign markets, firms can either export or set up a local subsidiary through horizontal Foreign Direct Investment (FDI). The conventional proximity-concentration theory suggests that FDI substitutes for trade if distance between countries is large, while exports become more important...
Persistent link: https://www.econbiz.de/10011378320
To serve foreign markets, firms can either export or set up a local subsidiary through horizontal Foreign Direct Investment (FDI). The conventional proximity-concentration theory suggests that FDI substitutes for trade if distance between countries is large, while exports become more important...
Persistent link: https://www.econbiz.de/10013159235
What do state-owned enterprises (SOEs) do? How do they respond to market incentives? Can we expect substantial efficiency gains from trade liberalization in economies with a strong presence of SOEs? Using a new dataset of Vietnamese firms we document a set of empirical regularities...
Persistent link: https://www.econbiz.de/10011717219
Persistent link: https://www.econbiz.de/10012426302
This paper intends to combine two fields in the economic literature by examining empirically the FDI pattern – horizontal versus vertical – within the European Union and the relevance of trade integration as a potential determinant of investment flows over the period 1995-2009. We capture...
Persistent link: https://www.econbiz.de/10013051267
. Coherence, consistency and predictability of international law rules are particularly relevant in a global world and market … for exchange controls and restrictions which affect the functioning of the international monetary system and the world of … international system as envisioned after World War II and of the various types of exchange measures, this paper will first analyze …
Persistent link: https://www.econbiz.de/10012708871
We show that traditional gravity variables play a significant role in explaining trade flows related to global value chain participation. We find evidence that cooperation costs - measured by linguistic and geographical proximity - are more relevant for trade that reflects cross-border...
Persistent link: https://www.econbiz.de/10011647903
market participants? Using a sample of world‘s largest firms and their foreign subsidiaries, this paper shows that the extent …
Persistent link: https://www.econbiz.de/10009775481
Persistent link: https://www.econbiz.de/10014334880