This paper studies the geography of outward foreign direct investment (FDI) from subnational regions, specifically California and the rest of the United States. The use of multiple source regions, as opposed to one source, provides more variation in the analysis. At the same time, subnational...

This paper investigates the effects of agglomeration economies and state-level promotion policies on the location of foreign direct investment (FDI) in the United States between 1977 and 1996. Specifically, it analyzes the level of foreign-owned real gross property, plant, and equipment (PPE)...

Globalization of production is one of the dominant issues of the international economy. This paper explores how country characteristics influence the choice of developing country export bases by US multinationals. It separately analyses two types of exports by affiliates, exports to the...

This paper investigates the relationship between education and the location of multinational affiliates. It finds that U.S. multinationals seek production locations with high levels of education rather than with uneducated labor. Furthermore, the education effect can be separated from the...