This paper examines the relationship between foreign and domestic investment activity of multinational enterprises. The empirical analysis is based on micro data of German firms and their operations at home and abroad, including information on investment in fixed assets. The empirical approach,...

Many transport technologies cause a “not‐in‐my‐backyard” (NIMBY) reaction of locals in that they often oppose the nearby location of necessary infrastructure despite benefiting from greater mobility. We employ quasi‐experimental research methods to disentangle the offsetting noise...

Among a wider public, global market integration is often taken for granted. Products offered in local stores typically originate from all over the world. Goods may also have crossed borders numerous times during the production process. Online marketplaces, such as eBay, facilitate effortless...