The DOI matches its Crossref record; 1 of the 1 references it cites were found in a registry or an index.
Distance, trade and FDI: a Hausman–Taylor SUR approach
Abstract
This paper analyses the effects of distance as a common determinant of exports and FDI in a three‐factor New Trade Theory model, assuming that distance affects both pure trade costs and plant set‐up costs. Exports and FDI are not necessarily substitutes with respect to distance, since the predicted impact depends on its importance for fixed plant set‐up costs relative to transportation costs and on the relative importance of vertical MNEs. For the empirical specification, we suggest that the impact of time‐invariant variables such as distance is most appropriately analysed in a Hausman–Taylor SUR model. We apply our model to industry‐level data of bilateral outward FDI stocks and exports of the US and Germany. Copyright © 2004 John Wiley & Sons, Ltd.
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Cites
Panel data and unobservable individual effects
Hausman, J., & Taylor, W. (1981) · Journal of Econometrics · doi:10.1016/0304-4076(81)90085-3 · Cited by 2,309
Cited by
Econometric Analysis of Panel Data
Baltagi, B. H. (2021) · Springer Texts in Business and Economics · doi:10.1007/978-3-030-53953-5 · Cited by 15,104
Structural gravity with dummies only: Constrained ANOVA-type estimation of gravity models
Egger, P. H., & Nigai, S. (2015) · Journal of International Economics · doi:10.1016/j.jinteco.2015.05.004 · Cited by 201
Self-citationBaltagi, B. H. (2023) · Econometric Reviews · doi:10.1080/07474938.2023.2178139 · Cited by 26
Metadata
- Authors
- Egger, P., & Pfaffermayr, M.
- Venue
- Journal of Applied Econometrics
- Publisher
- Wiley
- Published
- 2004-03
- Volume
- 19
- Issue
- 2
- Pages
- 227-246
- ISSN
- 0883-7252 (ISSN-L)
- 1099-1255
- OpenAlex
- W3121756379
- Cited by
- 248
- References
- 1
- FWCI
- 14.74
- Type
- journal article
- Language
- en
- Open access
- closed
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