Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/121013 
Erscheinungsjahr: 
2008
Schriftenreihe/Nr.: 
FIW Working Paper No. 12
Verlag: 
FIW - Research Centre International Economics, Vienna
Zusammenfassung: 
There are two main options for companies to serve foreign markets; exports and foreign direct investment (FDI). Based on the Helpman, Melitz and Yeaple (2004) model for two host countries this paper derives a clear theoretical prediction for the decision between both strategies. A bivariate probit model is estimated using AMADEUS database to analyse the probability of using one or the other strategy. The empirical evidence indicates that a considerable number of companies use a combination of both strategies to serve foreign markets, which is in line with the analyzed three country model.
Schlagwörter: 
Exports
Foreing Direct Investment
Three Nations Model
Bivariate Probit Estimation
JEL: 
C35
D21
F12
Dokumentart: 
Working Paper

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