NDLI: European exports and outward foreign direct investment: A dynamic panel data approach

Content Provider	Springer Nature Link
Author	Egger, Peter
Copyright Year	2001
Abstract	European Exports and Outward Foreign Direct Investment: A Dynamic Panel Data Approach. — This paper implements a panel data approach for studying the determinants of and relationships between bilateral economic activities in terms of both trade and foreign direct investment between the EU member states. The familiar equation for testing the determinants of bilateral exports is reformulated to reflect recent theoretical work. It is specified as a dynamic panel data model designed to answer questions about their relationship according to changes in different exogenous determinants. Exports and stocks of outward FDI are found to be substitutes with respect to changes in transport costs and complements with respect to most of the other determinants.
Starting Page	427
Ending Page	449
Page Count	23
File Format	PDF
ISSN	16102878
Journal	Weltwirtschaftliches Archiv
Volume Number	137
Issue Number	3
e-ISSN	16102886
Language	English
Publisher	Springer Berlin Heidelberg
Publisher Date	2001-09-01
Publisher Place	Berlin, Heidelberg
Access Restriction	One Nation One Subscription (ONOS)
Subject Keyword	International Economics European Integration Macroeconomics/Monetary Economics//Financial Economics Economic Policy
Content Type	Text
Resource Type	Article
Subject	Economics, Econometrics and Finance

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European exports and outward foreign direct investment: A dynamic panel data approach