Breuss, Fritz; Egger, Peter; Pfaffermayr, Michael - 2001
This paper analyses the effects of Agenda 2000's policy reform on the stocks of outward FDI to the European Union … the FDI decision. In the empirical part, we estimate a dynamic panel data model and find that structural expenditures … exert a significant positive impact on real stocks of outward FDI to EU countries. We simulate the Agenda 2000 program and …