Mitze, Timo - 2010 - First version: May 2010; this version: October 2010
German regional data (NUTS 1 level) for GDP, trade, and FDI activity during the period 1976-2005. Applying various … equation, the empirical results support the hypothesis of export- and FDI-led growth. We also show that for export and outward … FDI activity positive cross-regional effects are at work. Likewise, in the short-run SpECM specification, direct and …