Using Instrumental variable and Two-Stage Least Squares for Panel Data Models to Estimate the Interactions between Trade and FDI

Using Instrumental variable and Two-Stage Least Squares for Panel Data Models to Estimate the Interactions between Trade and FDI

Based on the early theories of the foreign direct investment (FDI), trade and FDI are substitutes while the new international trade theories emphasize the complementary relationship between trade and FDI. This introduces new aspects to model fundamental concepts such as increasing returns to scale,...

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Bibliographic Details
Main Authors: Seyed Komail Tayyebi, Karem Azarbayegani, Batool Rafat
Format: Article
Language:fas
Published: Tarbiat Modares University 2009-01-01
Series:پژوهشهای اقتصادی
Subjects:
foreign direct investment
economic convergence variable
instrumental variable technique
two-stage least squares technique
panel data
Online Access:http://ecor.modares.ac.ir/article-18-2650-en.pdf

Internet

http://ecor.modares.ac.ir/article-18-2650-en.pdf

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