Masso, Jaan; Varblane, Urmas; Vahter, Priit - William Davidson Institute, University of Michigan - 2007
needed to produce the final output.
5
For the above reasons, our paper aims to estimate the impact of outward FDI on the … investment (horizontal
versus vertical); the income gap between the home and host country (North-North, North
South, South …’s output, thus the value of the dummy for outward investment indicates
the effect on the parent’s employment growth; otherwise …