FDI and the activities of foreign affiliate firms have grown dramatically in recent decades, both in absolute terms and as a share of world GDP. Most explanations of this phenomenon focus on the impact of the macroeconomic environment on the choices facing individual firms over whether or not to...

Most agricultural output in early 20th century Ireland was consumed on the farm or exported in an unprocessed state. A significant share nevertheless served as an input to Irish industry. While farmers and agri-business firms operated on opposite sides of the market, their relationship was...