continuous variables on export and FDI patterns. - export ; FDI ; uncertainty ; real option approach … foreign direct investment choice, the export strategy can be rejected although it is dominating the FDI project and although … and Pindyck, 1994) an investment plan under uncertainty is derived. In contrast to static models firms postpone their …

between export and FDI. The model combines the proximity-concentration trade-off framework with the real option methodology … uncertain productivity growth, market entry through FDI increases even further. Uncertainty is identified as a compounding force … intertemporal selection effects. -- export ; FDI ; uncertain productivity growth ; real option approach …

between export and FDI. The model combines the proximity-concentration trade-off framework with the real option methodology … uncertain productivity growth, market entry through FDI increases even further. Uncertainty is identified as a compounding force … introduction of productivity growth increases the likeliness of first time market entry through FDI. If the firm is confronted with …

political uncertainty can be very detrimental to FDI decisions …In this paper we analyse the impact of policy uncertainty on foreign direct investment strategies. The paper follows … payoffs are stochastic due to political uncertainty and investments are partially reversible. Across the board we find that …

This paper examines how nominal uncertainty affects the choice firms face to serve a foreign market through exports or … exports and multinational production are priced in the destination currency, and this uncertainty has no effect on the … relative decision. In the data, U.S. firms set nearly all of their export prices in dollars. Therefore, home firms price …

Using data on UK manufacturing firms, we examine the effects of exchange rate uncertainty on firm decisions on export … market entry and export intensity. The use of micro data and new measures of exchange rate uncertainty enable us to test for … exchange rate uncertainty has little effect on firms' export participation but a significant impact on export intensity …

This paper studies the way multinational firms allocate resources across countries in response to uncertainty shocks …) uncertainty, which financially-constrained firms reallocate to other countries. The empirical strategy uses mine-level information …

Economic theory provides two main explanations why changes in exchange rates can affect foreign direct investment (FDI …). According to a first explanation, FDI reacts to exchange rate changes if there are information frictions on capital markets and … explanation, FDI reacts to exchange rate changes if output and factor markets are segmented, and if firm-specific assets are …