Deseatnicov, Ivan; Kucheryavyy, Konstantin; Fukao, Kyōji - 2022
test this hypothesis using Japanese firm-level data for the period of 1995–2018, and find that the probability of FDI entry …Why does aggregate foreign direct investment (FDI) fall with distance? We conjecture that high trade costs adversely … affect FDI entry decisions in a dynamic setting, even when controlling for previous export experience in foreign markets. We …