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Recent research in international economics highlights the role of interdependencies of investment decisions and sales of multinational firms. Previous work focused on and provided evidence for aggregate flows or stocks of foreign direct investment, showing that interdependence declines in...
Persistent link: https://www.econbiz.de/10005196195
distance. Furthermore, there is little evidence of income convergence. Using various methods and data sets, we show that many …
Persistent link: https://www.econbiz.de/10005766052