Estimating regional trade agreement effects on FDI in an interdependent world

被引：108

作者：

Baltagi, Badi H. ^{[1
]}

Egger, Peter ^{[2
,3
]}

Pfaffermayr, Michael ^{[4
,5
]}

机构：

[1] Syracuse Univ, Ctr Policy Res, Syracuse, NY 13244 USA

[2] Univ Munich, D-81679 Munich, Germany

[3] CESifo, D-81679 Munich, Germany

[4] Univ Innsbruck, Dept Econ, A-6020 Innsbruck, Austria

[5] Austrian Inst Econ Res, A-1103 Vienna, Austria

来源：

JOURNAL OF ECONOMETRICS | 2008年 / 145卷 / 1-2期

关键词：

regional trade agreements; multinational firms; spatial econometrics; generalized moments (GM) estimators;

D O I：

10.1016/j.jeconom.2008.05.017

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Recent research on trade and multinationals highlights that multinational firms' integration strategies are complex and the degree of vertical integration varies in a multilateral world with many possible locations of activity. In particular, multinationals control a large fraction of trade within the block of developed countries. The most important regional trade agreements (RTAs) are signed between members of the very same block of economies. This gives rise to the question asked in the present paper: what is the impact of RTAs on FDI in an interdependent world? Recent spatial HAC estimation techniques are applied to both estimation and testing. (C) 2008 Elsevier B.V. All rights reserved.

引用

页码：194 / 208

页数：15

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