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Policy uncertainty and foreign direct investment : evidence from the China-Japan island dispute

Chen, Cheng; Senga, Tatsuro; Sun, Chang; Zhang, Hongyong - 2016

Can a temporary negative shock generate long-lasting effects on economic activities? To show causal evidence, we utilize data from Japanese multinational corporations (MNCs) and explore the economic impact of the unexpected escalation of an island dispute between China and Japan in 2012. Our...

Persistent link: https://www.econbiz.de/10011554377