Why are the prices of exports higher for countries that are further away – even when transport costs are excluded? This column suggests that this is partly because firms choose to ship out their best quality goods, just like a brewery with its...

Chinas Exporte boomen, und – was erstaunlich sein mag – nicht nur in arbeitsintensiv produzierenden Branchen. Peter Schott von der Universität Yale stellte in einem Kommentar fest, wie vielfältig Chinas Exportpalette doch sei, und das unter...

The positive spillovers from multinationals to the productivity of their host-country suppliers are empirically well established. Usually, it is assumed that multinationals aid their suppliers by voluntarily sharing knowledge and cooperating with...