Welfens, Paul J. J.; Baier, Fabian J. - In: International Journal of Financial Studies : open … 6 (2018) 2, pp. 1-21
This contribution takes a new look at the gravity equation model in relation to foreign direct investment (FDI) of …—the envisaged leaving of the EU by the United Kingdom. The gravity equation estimated subsequently allows one to consider the case … that trade openness is a variable which can be largely replaced by the inward FDI stock/capital stock ratio so that gravity …