Mitze, Timo; Alecke, Björn; Untiedt, Gerhard - 2009
We analyse the nature of German trade-FDI linkages within the EU27 based on a simultaneous equation gravity approach … framework in explaining German trade and FDI activity. Looking carefully at cross-variable linkages we basically find … substitutive links between trade flows and outward FDI in line with earlier empirical evidence for Germany. Building upon German …