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Firms cluster their economic activities to exploit technological and informational spillovers from other firms. Spillovers through the entry of multinational firms can be particularly beneficial to domestic firms because of their technological superiority. Yet, the importance of foreign firm's...
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country and its regions. This paper focuses on foreign trade and FDI in Austrian regions (Bundesländer). Unfortunately, data … methodologies for the estimation of exports and imports of Austrian regions and analyse the data generated by this methodology. The … study shows a large variation in trade among regions. Lower Austria, Upper Austria, Styria and Vorarlberg are the regions …
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