Distance, trade and FDI: a Hausman–Taylor SUR approach
نویسندگان
چکیده
منابع مشابه
Distance, Trade and FDI: A Hausman-Taylor SUR Approach
This paper analyzes the effects of distance as a common determinant of exports and FDI in a three factors New Trade Theory model assuming that distance affects both pure trade costs and plant set-up costs. Exports and FDI are not necessarily substitutes with respect to distance since the predicted sign depends on its importance for fixed plant set-up costs relative to transportation costs. For ...
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This study addresses an apparent impasse in the research on organizations’ responses to cultural distance. We posit that cross-country differences in egalitarianism—a cultural orientation manifested in intolerance for abuses of market and political power and support for protection of less powerful actors—affect multinational firms’ choices of destinations for foreign direct investment (FDI). Us...
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within the early theories of fdi and multinational firms, fdi and foreign trade were considered to be substitutes. new international trade theories emphasize, however the complementary relationship between fdi and foreign trade.this is the result of introducing new aspects in the models like increasing returns to scale, product differentiation and technology-differences among nations.this paper...
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ژورنال
عنوان ژورنال: Journal of Applied Econometrics
سال: 2004
ISSN: 0883-7252,1099-1255
DOI: 10.1002/jae.721