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relative to FDI. Consistent with theory, the empirical results confirm that the impact of financial constraints is stronger for …
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access to external finance on firms’ choices to export or to engage in FDI. We simultaneously model a firm’s decision to …
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The Institute of World Economy and International Relations (IMEMO) of the Russian Academy of Sciences, Moscow, and the …
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real world, yet which has proven difficult to model. The model also inherits the ability of the Holden (2013a) model to …
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