BOHL MARTIN T.; FRANK, MCDONALD; HEINZ-JOSEF, TUSELMANN; … - In: ЭКОНОМИКА РЕГИОНА (2011) 3, pp. 119-125
paper investigates the degree of shock persistence in foreign direct investment (FDI) often German manufacturing industries … degree of shock persistence because they are subject to high sunk costs because of high entry and exit costs associated with … exception, exhibits a high degree of shock persistence. The results suggest, at least for mature German industries, that the …