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Fixed effects models are compared with random effects models, and the estimation and interpretation of fixed effects models is demonstrated in a variety of different contexts. It is worth noting that the random effects model could not be rejected for Brazil when using the relative real wage index. Regression Analysis of the Impact of NAFTA on Changes in Bilateral FDI Stock in All Three NAFTA Countries Using the Random Effects Model (N=937) Model 1 Model 2 NAFTA 1,784. |
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