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' foreign capital stocks in 22 countries between 1994 and 2003. Estimating elasticities, we find that while domestic wages do …
Persistent link: https://www.econbiz.de/10010296822
' foreign capital stocks in 22 countries between 1994 and 2003. Estimating elasticities, we find that while domestic wages do …
Persistent link: https://www.econbiz.de/10009226124
regarding the effects of exchange rate risk on labour demand and international trade. …
Persistent link: https://www.econbiz.de/10010296377
regarding the effects of exchange rate risk on labour demand and international trade. …
Persistent link: https://www.econbiz.de/10010954330
regarding the effects of exchange rate risk on labour demand and international trade. …
Persistent link: https://www.econbiz.de/10005593810
Persistent link: https://www.econbiz.de/10012516131
period 1984-2004. Using the standard deviation of the real exchange rate as a measure of risk it is found that exchange rate … uncertainty has a discouraging effect on FDI flows across all industries. This is contrasted when applying an alternative risk … increased exchange risk, whereas this relationship is negative for manufacturing industries in the underlying sample. A real …
Persistent link: https://www.econbiz.de/10012720611
The competitive allocation of labor across different sectors of an economy may not be socially optimal when one sector uses foreign capital. We argue that a suitably designed government intervention is required to restrict the sectors to their optimal size and maximize national welfare. Such a...
Persistent link: https://www.econbiz.de/10010296787
Persistent link: https://www.econbiz.de/10003869882
Instruments of risk mitigation play an important role in managing country risk within the foreign direct investment … (FDI) decision. Our study assesses country risk by state-dependent preferences and introduces futures contracts as a tool … of risk mitigation. We show that country risk assessments related to foreign direct investment do not matter if the …
Persistent link: https://www.econbiz.de/10003941158