Pham, Cong S.; Lovely, Mary E.; Mitra, Devashish - Deakin University, Faculty of Business and Law, School … - 2009
In this paper, we reexamine closely the empirical evidence for the home-market effect (HME) found by Hanson and Xiang (American Economic Review, 2004). We first show that evidence for the HME from their difference-in-difference gravity equation is sensitive to the way the independent variable of...