Explain/justify the model specification which you use and discuss your results.

Economics by Geoffrey

Panel model in Rstudio

  • Given the provided data, devise and estimate an appropriate panel model with which to investigate the determinants of FDI flows (from Germany to other countries), for a single industry (it does not matter which industry code you choose).
  • Explain/justify the model specification which you use and discuss your results.
  • State any limitations of the empirical analysis that we have to consider.