Investments (FDI) to regional Export Hubs. Explaining the driving forces behind multinational setups and their influence on the … on the firm-level, and furthermore introduces the supply strategy of an Export Hub …

partners through experience, and export behaviour is state-dependent due to matching frictions. As predicted by our theoretical …

trade intermediaries or need to set up own foreign wholesale affiliates. In contrast, conventional trade theory models … among producers, on the importance of market-specificity of goods, or on expropriation risk. We use US export data for 50 …

exports to some countries but not to others. We adapt a standard intra-industry trade model with variable export costs (e ….g. transport) and fixed export costs (e.g. market access) to include a TI that is able to pool market access cost. From this …) smaller export markets feature a larger TI share, (iii) the TI share is independent from variable (distance-dependent) export …