Format
A dataframe containing :
- capexp
- capital expenditures made by the MOFA's of nonbank U.S. corporations in finance, insurance and real estate. Source: "U.S. Direct Investment Abroad: 1982 Benchmark Survey data." Table III.C 6.
- gdp
- gross pomestic product. Source: "World Bank, World Development Report 1984." Table 3. (This variable is scaled by a factor of 1/100,000)
- sales
- sales made by the majority owned foreign affiliates of nonbank U.S. parents in finance, insurance and real estate. Source: "U.S. Direct Investment Abroad: 1982 Benchmark Survey Data." Table III.D 3. (This variable is scaled by a factor of 1/100)
- nbaf
- the number of U.S. affiliates in the host country. Source: "U.S. Direct Investment Abroad: 1982 Benchmark Survey Data." Table 5. (This variable is scaled by a factor of 1/100)
- netinc
- net income earned by MOFA's of nonbank U.S. corporations operating in the nonbanking financial sector of the host country. Source: "U.S. Direct Investment Abroad: 1982 Benchmark Survey Data." Table III.D 6.(This variable is scaled by a factor of 1/10)
Source
Ioannatos, Petros E. (1995) Censored regression estimation under unobserved heterogeneity : a stochastic parameter approach, Journal of Business and Economics Statistics, 13(3), july, 327--335.