-driven and the decision to serve foreign countries via exports or FDI depends on a proximity-concentration trade-off. We … characterize the joint patterns of trade and FDI when countries differ in income distribution and size and show that FDI is more …

at least one preferential trade agreement (WTO [1995]). Regional integration is not new to Latin America. Economic …The decade of the 1990s has witnessed a wave of regional integration initiatives in Latin America: more than 14 … agreements -free trade areas or customs unions- since 1990 with a handful more in varying degrees of negotiation (see Table 1 …

This Economica Coase Lecture reviews research that has revolutionized the field of international trade and foreign …

Globalization is not only about the rise of trade, FDI, and migration. It is also about the changing linkages among … these flows. The main findings of this Paper can be summarized as follows. First, at least in the 1990s, import trade … liberalization fostered not only trade but also inward investment, confirming that trade and FDI toward developing countries have …

We generalize the Antràs and Helpman (2004) model of the international organization of production in order to …

This paper explores the links between the patterns of migration (high vs. low-skill), trade policy, and foreign direct …-specific labour is used to explore the effects of the skill-composition of exports on FDI. The model suggests that if exports are low …

trade (i.e., enhancing exports) in developing nations. …The effects of ISO 9000 diffusion on trade and FDI have gone understudied. We employ panel data reported by OECD …

Estimating the effect of trade on capital flows is difficult given the inherent identification problem. We use … fluctuations in rainfall to capture the exogenous variation in trade between Germany, France, the U.K., and the Ottoman Empire … increase in Ottoman exports, which in turn causes a 10 percent increase in capital inflows from the three source countries. Our …

serve it, and whether to do so through exports or foreign affiliate sales. We show that a firm may first test the foreign … market via exports, before engaging in foreign direct investment (FDI). To assess the evidence, we exploit a unique dataset … of firm-level exports and FDI in individual destination countries, covering all Belgian companies over the 1998 …