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We analyse the nature of German trade-FDI linkages within the EU27 based on a simultaneous equation gravity approach for imports, exports, in- and outward FDI stocks. We adopt both a Hausman-Taylor (1981) IV approach (3SLS-GMM) and rival non-IV estimation (the system extension to the Fixed...
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Using data on the presence of the Goethe Institutes (GI) in 134 importer countries between 1978 and 2014, we study the effect that language learning opportunities abroad have on German exports. We employ a gravity model of trade with a single exporter and use the Poisson-Pseudo Maximum...
Persistent link: https://www.econbiz.de/10012592169
We analyse the nature of German trade-FDI linkages within the EU27 based on a simultaneous equation gravity approach for imports, exports, in- and outward FDI stocks. We adopt both a Hausman-Taylor (1981) IV approach (3SLS-GMM) and rival non-IV estimation (the system extension to the Fixed...
Persistent link: https://www.econbiz.de/10012718167
This paper examines data on trade flows between West German Bundeslander (federal states) and East Germany to explore the effect of national borders on trade. Although the data covers only a small fraction of intra-German trade flows, I find a home bias of about factor 2.2; West German shipments...
Persistent link: https://www.econbiz.de/10014103229
In this paper, we analyze the impact of transportation infrastructure quantity and quality on regional economic … infrastructure both locally and supra-regionally. We furthermore provide evidence for the claim that insufficient maintenance and low … infrastructure conditions significantly slow economic growth through a negative correlation between GDP and the quality grade of …
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