-concentration trade-off (in which only the most productive firms have a physical presence in foreign markets). Allowing for M&As raises …

-concentration trade-off (in which only the most productive firms have a physical presence in foreign markets). Allowing for M&As raises …

countries with BITs is roughly as large as the number of country-pairs that belong to bilateral or regional preferential trade … model of world trade and foreign direct investment with three factors, two products, and explicit natural as well as policy … trade and investment costs among multiple countries in the presence of national and multinational firms. The empirical model …

countries with BITs is roughly as large as the number of country-pairs that belong to bilateral or regional preferential trade … model of world trade and foreign direct investment with three factors, two products, and explicit natural as well as policy … trade and investment costs among multiple countries in the presence of national and multinational firms. The empirical model …

model of trade and MNE activity in which the mode of serving a market depends on the well-known proximity … quantitative finding is that a reduction in trade costs triggers much larger responses in growth rates and exit rates, for young …

An emerging new literature brings unique ideas from corporate finance to the study of international trade and …, and, as a consequence, influence aggregate trade patterns. Financial frictions and the use of internal capital markets …