Hsin, Ping-Lung; Haepp, Tobias; Kuo, Yen-Lien - In: Economics Bulletin 33 (2013) 4, pp. 2851-2859
We empirically analyze the role of different export destinations in the interrelationship between exporting and investments in R&D and fixed capital at the firm level. We employ a simultaneous equation multivariate Tobit model to account for censoring, interdependence, and endogeneity of our...