Abstract
In this paper, a random coefficient simultaneous equation system is used to study Direct Foreign Investment by French firms. The problem of formulating and estimating a random coefficient system is discussed at first in a general setting and an easily implementable solution is proposed. The estimating procedures are then applied to a panel of 64 plants belonging to 17 French firms over the period 1976–1982.
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© 1992 Physica-Verlag Heidelberg
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Balestra, P., Negassi, S. (1992). A Random Coefficient Simultaneous Equation System with an Application to Direct Foreign Investment by French Firms. In: Raj, B., Baltagi, B.H. (eds) Panel Data Analysis. Studies in Empirical Economics. Physica-Verlag HD. https://doi.org/10.1007/978-3-642-50127-2_15
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DOI: https://doi.org/10.1007/978-3-642-50127-2_15
Publisher Name: Physica-Verlag HD
Print ISBN: 978-3-642-50129-6
Online ISBN: 978-3-642-50127-2
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