stylized model of multinational production and trade, we show that an inward multinational liberalization in the manufacturing … their affiliates in China to an exogenous change in China's openness to foreign direct investment (FDI). We find that in … industries where inward FDI was encouraged, Japan MNC's affiliates in China experienced increases in their employment. We also …

, testing for the importance of pairwise country links as well as characteristics of the receiving country (trade and financial … open- ness, exchange rate regime, fiscal variables). We find that trade integration fosters the spill-over of business … cycles, both bilaterally and as a country characteristic (trade openness). Results for financial integration are mixed …

The paper empirically examines the differential effects of trade on economic growth and investment based on cross …-country data. In general, the results are largely consistent with the positive impact of trade on economic growth as found in the … literature. However, the empirical results based on different categories of countries show that whereas trade has positively …

The paper empirically examines the differential effects of trade on economic growth and investment based on cross …-country data. In general, the results are largely consistent with the positive impact of trade on economic growth as found in the … literature. However, the empirical results based on different categories of countries show that whereas trade has positively …

This paper studies the effect of foreign direct investment (FDI) on the transmission of international business cycles …. I document for the G7 countries between 1991 and 2006 that increases in bilateral FDI linkages are associated with more … synchronized investment cycles. I also find that the relation between FDI integration and synchronization of gross domestic product …