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Which Countries Export FDI, and How Much?

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NBER2003-12-01 更新2025-01-04 收录
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https://www.nber.org/papers/w10145
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The paper provides a reconciliation of Lucas' paradox, based on fixed setup costs of new investments. With such costs, it does not pay a firm to make a small' investment, even though such an investment is called for by marginal productivity conditions. Using a sample of 45 developed and developing
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2003-12-01
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