Tanaka, Kiyoyasu - Institute of Economic Research, Hitotsubashi University - 2009
This paper re-estimates the knowledge-capital model by James Markusen (2002) to study market access and factor … knowledge-capital model is augmented with a number of additional control variables and estimated with a system GMM estimator. In … multinational activities with heterogeneous motives of FDI is critical for finding evidence of the knowledge-capital model. …