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The long-run relationship between outward FDI and domestic output: Evidence from panel data

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  • Herzer, Dierk

Abstract

We find for 14 industrialized countries over the period 1971-2005 that outward FDI has positive long-run effects on domestic output. Our results suggest that increased outward FDI is both a cause and a consequence of increased domestic output.

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  • Herzer, Dierk, 2008. "The long-run relationship between outward FDI and domestic output: Evidence from panel data," Economics Letters, Elsevier, vol. 100(1), pages 146-149, July.
    • Handle: RePEc:eee:ecolet:v:100:y:2008:i:1:p:146-149
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