El-Osta, Barbara; MacPhee, Craig R.; Rosenbaum, David I. - In: Eastern Economic Journal 22 (1996) 1, pp. 63-74
We develop a model to estimate simultaneously import shares, export shares, outward foreign direct investment and … response to factor intensity. Profits are disciplined by imports and enhanced by exports. Concentration reduces both import and … export shares but economies of scale increase them. Exports are complements rather than substitutes for foreign direct …