Historically, outward foreign direct investment has been contemplated as an alternative way of firms' internationalization. In this line, a relational substitution between exports and foreign direct investment would be expected. However, this seems to contrast with recent developments in the...

This article aims to analyse whether transport connectivity affects trade flows using a spatial approach. We consider first-order contiguity and incorporate logistics network structure dependence in a spatial autoregressive model. The results provide evidence regarding the role of the location...