This study looks at the link between the patterns of trade-revealed comparative advantage and net inward foreign direct investment in five developed countries: France, Italy, Japan, the United Kingdom, and the United States. Despite assertions that market access is the primary motive for foreign...

Summary This paper investigates the effect of foreign presence at the sector and firm levels on the productivity of manufacturing firms in Ghana. We examine both labor and total factor productivity (TFP) and control for a number of observed factors as well as unobserved heterogeneity. We find...

Increasingly, developing countries embrace foreign direct investment (FDI) and simultaneously pursue economic integration with developed countries. Foreign investment is subject to sovereign risk and free trade agreements may serve as a commitment mechanism in order to achieve higher sustainable...