The intention of this paper is to review the literature linking ownership and location
strategies to economic geography and theories of globalisation and to explore new areas of …

This chapter reviews the state of the international trade literature on multinational firms. This
literature addresses three main questions. First, why do some firms operate in more than …

Multinational sales have grown at high rates over the last two decades, outpacing the
remarkable expansion of trade in manufactures. Consequently, the trade literature has …

The last few decades have seen a spectacular integration of the global economy through
trade. The rising integration of world markets has brought with it a disintegration of the …

In this paper, we contribute to the literature on the determinants of foreign direct investment
in develo** countries and re‐evaluate the role of the quality of institutions on FDI …

Depending on one's point of view, multinational enterprises are either the heroes or the
villains of the globalized economy. Governments compete fiercely for foreign direct …

This paper examines how country, industry, and firm characteristics interact in general
equilibrium to determine nations' responses to trade liberalization. When firms possess …

Trade is a cornerstone concept in economics worldwide. This updated second edition of the
essential graduate textbook in international trade brings readers to the forefront of …

The simple gravity equation explains a great deal about the data on bilateral trade flows and
is consistent with several theoretical models of trade. We argue that alternative theories …

We provide firm-level evidence that credit constraints restrict international trade and affect
the pattern of multinational activity. We show that foreign affiliates and joint ventures in …