- 1 Introduction
- 2 Direct versus Indirect Investment Structures
- 3 Theoretical Analysis
- 3.1 Direct Structure (Regime I)
- 3.2 Indirect Structure (Regime II)
- 3.3 Indirect Structure (Extended)
- 4 Investigation Approach
- 5 Data and Descriptive Statistics
- 6 Regression Analysis
- 7 Sensitivity Analysis
- 8 Conclusions
- Appendix A: Selection Correction for Panel Data Models
- Appendix B: First-Stage Regression Results
Persistent link: https://www.econbiz.de/10005866175