Holland, Sara B.; Sarkissian, Sergei; Schill, Michael J.; … - National Bureau of Economic Research - 2021
Nonlinearities arise in international investment because of a pecking order in barriers. Some severe barriers render … regressions designed to model relations at more points than just the conditional mean, how various investment theories hold at … the literature by highlighting that datasets that focus on different points of the barriers (investment) distribution can …