quality and monopolistic competition in which specialization is purely demand-driven and the decision to serve foreign … when countries differ in income distribution and size and show that FDI is more likely to occur between countries with … similar per capita income levels. The model predicts a Linder Hypothesis for horizontal FDI, which is consistent with the …

quality and monopolistic competition in which specialization is purely demand-driven and the decision to serve foreign … when countries differ in income distribution and size and show that FDI is more likely to occur between countries with … similar per capita income levels. The model predicts a Linder Hypothesis for horizontal FDI, which is consistent with the …