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...

"The administration of President Donald Trump pursued an enhanced-and, in some ways, novel-set of policies designed to confront China over its transgressive and anticompetitive economic behaviors, such as theft of technology and intellectual property and limitations on market access for U.S....

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...

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 U.S. multinationals. It separately analyzes two types of exports, exports to the headquarters country...

Using U.S. state-level data we show that agglomeration externalities influence the level of foreign-invested capital in a location. Our empirical model allows the separation of agglomeration effects from the rate of capital stock adjustment, two forces that previous research has conflated. We...

In early 2003, France actively tried to thwart the plans of the Bush administration to build international support for a war to depose Iraqi ruler Saddam Hussein. In response, calls in the United States for a boycott of French products, wine in particular, rebounded through all forms of media....

Using a data set of 72 manufacturing industries, this paper investigates the link between trade and skills by looking at the employment of engineers and scientists in manufacturing and the export success of the products they make. Major results are that the world buys U.S. manufactures that use...

Despite a trend toward more flexible rates, more than half the world's countries maintain fixed or managed exchange rates. In the 1980s and 1990s, developing countries as a group progressively liberalized their trade regimes, but some governments defend their exchange rate in actions that run...

Since the September 2001 terrorist attacks, security has became paramount in both domestic politics and the daily lives of Americans. In the immediate aftermath of those attacks, policymakers focused on air passenger traffic. As the debate broadened, however, the issue of goods movement moved to...

Following the terrorist attacks of September 11, 2001, U.S. policymakers and their international counterparts quickly devised new programs for protecting seaports and the maritime supply chain. This paper focuses on one such program, the U.S. Container Security Initiative, which screens and...