Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/71920 
Erscheinungsjahr: 
2007
Schriftenreihe/Nr.: 
Working Papers in Economics and Statistics No. 2007-28
Verlag: 
University of Innsbruck, Department of Public Finance, Innsbruck
Zusammenfassung: 
There are two main options for companies to serve foreign markets: exports and foreign direct investment (FDI). Based on the Helpman, Melitz and Yeaple (2004) model for two host countries this paper derives a clear theoretical prediction for the decision between both strategies. A bivariate probit model is estimated using AMADEUS database to analyse the probability of using one or the other strategy. The empirical evidence indicates that a considerable number of companies use a combination of both strategies to serve foreign markets, which is in line with the analyzed three country model.
Schlagwörter: 
exports
foreing direct investment
three nations model
bivariate probit estimation
JEL: 
C35
D21
F12
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
673.04 kB





Publikationen in EconStor sind urheberrechtlich geschützt.