Series: IMF Working Papers
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 December 2010
Keywords: FDI, Heterogeneous firms, Uncertainty, statistics, equation, prediction, predictions, International Factor Movements and International Business: General, International Finance: General,
In the literature on exports and investment, most productive firms are seen to invest abroad. In the Helpman et al. (2004) model, costs of transportation play a critical role in the decision about whether to serve...