Marchant, Mary A.; Cornell, Dyana N.; Koo, Won W. - 2002
growth markets for U.S. agricultural exports, and foreign direct investment (FDI) has become even more important than exports … exports. This research builds upon an existing theoretical FDI model and contributes to the literature through the development … of a simultaneous equation system for FDI and exports, which is estimated using two-stage least squares. Empirical …