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substitutive links between trade flows and outward FDI in line with earlier empirical evidence for Germany. Building upon German …
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Südafrika, gering. Zwar ist Deutschland der fünftwichtigste Lieferant für Afrika, doch der deutsche Marktanteil ist von 14% im … Jahre 1992 auf 5% im Jahr 2013 gesunken. Deutschland exportiert vor allem Industrieprodukte; Agrarprodukte spielen eine sehr … untergeordnete Rolle. Für Afrika ist Deutschland der achtwichtigste Absatzmarkt; aber auch hier blieb das Wachstum hinter jenem …
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Trade in intermediate goods as one possible link between rising trade and foreign direct investment is examined. To explain growing intermediate goods trade, three hypotheses are brought forward: outsourcing, global sourcing and the increasing importance of MNE networks. These hypotheses are...
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For spatial data with a sufficiently long time dimension, the concept of global cointegration has been recently included in the econometrics research agenda. Global cointegration arises when non-stationary time series are cointegrated both within and between spatial units. In this paper, we...
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