This study attempts to replicate estimation results from G´abor B´ek´es and Bal´azs Murak¨ozy, Mea- suring productivity premia with many modes of internationalization, published in Economics Letters (2016). In this paper the authors use comparable firm-level data for seven European...

A great deal of multinationals receive a bundle of hidden or cash subsidizes upon investing in a foreign country. Policymakers often argue that a subsidy today will help locate friends of the investor later on. Using extensive data on FDI investments, we analyze such patterns. In particular, we...

Firms adjust to differences in market size and demand uncertainty by changing the frequency and size of their export shipments. In our inventory model, transportation costs and optimal shipment frequency are determined on the basis of demand as well as inventory and per shipments costs. Using a...