Foreign Direct Investment (FDI) into Africa has surged in recent years. At the same time, international trade has increased, exposing African countries to international competition. This raises the question of whether FDI plays a role in enhancing export competitiveness. This study investigates...

This study is the first to estimate a system of simultaneous gravity equations for Chinese exports, imports and foreign direct investment (FDI) using a sample of 167 countries over the period 2003-2012. The main results indicate that trade and outward FDI are complementary. In particular, the...

This short paper introduces a new database combining data on international trade, Foreign Direct Investment, and regional trade agreements. The bilateral data covers 1980-2010 and includes gravity model variables and is appropriate for empirical analysis in a wide variety of contexts.

With global specialization and trade, countries make directly but also indirectly use of the environment via traded goods. Based on the theory of comparative advantages, the Heckscher-Ohlin-Vanek approach, we are using the Ecological Footprint as a broad measure of environmental use because its...

I present a new stylized fact from a large sample of countries for the period 2000-2006: bilateral foreign direct investment (FDI) flows are almost never observed in the absence of bilateral trade flows. I document a similar pattern using bilateral foreign affiliate sales (FAS), aggregating them...

Using fixed effects panel data approach, this paper empirically examines the effects of trade and foreign direct investment (FDI) on growth of per capita real GDP in 13 transition economies of Central and Eastern Europe, and the Baltic region (CEEB) from 1991 to 2005. A significant positive...

This paper examines the extent to which foreign direct investment (FDI) affects child labor. Using 1995 data for 145 countries, we find that, contrary to common fears, FDI is negatively correlated with child labor. This effect, however, disappears when controlling for per capita income. After...

This paper estimates the causal effect of international direct flights on cities’ international trade, using Chinese customs transaction-level trade data and flight route data from 2000 to 2015 and the staggered differences-in-differences approach. On average a Chinese city’s exports to a...

Foreign capital inflows have emerged as a powerful tool for transferring capital and technology from other economies, especially developed countries. Globalization has made way for international business to cross borders. Foreign Institutional Investor and Foreign Direct Investment (FDI) are two...

China's accession to the World Trade Organization (WTO) in 2001 was a massive boostfor the multilateral trading system. We present descriptive evidence on the trade effects of China's WTO accession. Moreover, we combine the most recent approaches from the gravity literature of international...