Showing 1 - 10 of 124
foreign direct investment choice, the export strategy can be rejected although it is dominating the FDI project and although … continuous variables on export and FDI patterns. …
Persistent link: https://www.econbiz.de/10010301792
between export and FDI. The model combines the proximity-concentration trade-off framework with the real option methodology …
Persistent link: https://www.econbiz.de/10010266060
firm's labour demand. As the exchange rate volatility increases, so does the value of the export option provided the firm …
Persistent link: https://www.econbiz.de/10010296377
It is uncertain whether the fundamental 'home market effect' (HME) generalizes from a two-country model to a more realistic setting with multiple countries. We present a three-country version of the seminal model by Krugman (1980) and analyse under which circumstances the HME is present once...
Persistent link: https://www.econbiz.de/10010296391
In this paper the existence and magnitude of market power for the German beer exporters is tested. Two theoretical approaches to model incomplete competition on international markets are employed, the "pricing to market" (PTM) model the "residual demand elasticity" (RDE) approach. Estimations...
Persistent link: https://www.econbiz.de/10010297111
In this paper the existence and magnitude of market power for German beer, cocoa powder, chocolate, and sugar confectionary exporters are tested. Two theoretical approaches are employed, the 'pricing of market' (PTM) and the 'residual demand elasticity' (RDE) approach. Even though all markets...
Persistent link: https://www.econbiz.de/10010297115
interpreted as an option. An enterprise will opt to export if the profits obtained from exporting under given exchange rate …, an enterprise will choose not to export. By virtue of a favorable exchange rate situation it may be more advantageous to … may still lead to greater export trade volumes. …
Persistent link: https://www.econbiz.de/10010300614
This paper studies a Cournot duopoly in international trade so that the firms are exposed to exchange rate risk. A hedging opportunity is introduced by a forward market where the foreign currency can be traded on. We investigate two settings: First we assume that hedging and output decisions are...
Persistent link: https://www.econbiz.de/10010300615
This paper develops a general equilibrium model to measure welfare effects of taxes for correcting environmental externalities caused by domestic trade, focusing on exter- nalities that arise through exports. Externalities from exports come from a number of sources. Domestically owned ships,...
Persistent link: https://www.econbiz.de/10011422190
This paper examines the optimal production, export allocation and hedging decisions of a risk-averse international firm … decisions are analyzed under two scenarios. In the first, there is a forward market for one currency only. Then, the export … each currency. Then, both production and export allocation are separable. Hedging with forward contracts depends on risk …
Persistent link: https://www.econbiz.de/10010324029