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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. … and Pindyck, 1994) an investment plan under uncertainty is derived. In contrast to static models firms postpone their …
Persistent link: https://www.econbiz.de/10010301792
Persistent link: https://www.econbiz.de/10005826734
I analyse firms organisational choices when they face uncertainty about institutional conditions in foreign locations …
Persistent link: https://www.econbiz.de/10012623135
I analyse firms organisational choices when they face uncertainty about institutional conditions in foreign locations …
Persistent link: https://www.econbiz.de/10013332242
We estimate the effect of demand and price uncertainty on firms' investment decisions from a panel of manufacturing … firms. Uncertainty measures are derived from firms' subjective qualitative expectations. They are close to their theoretical … counterparts, the variances of future demand and price shocks. We find that demand uncertainty depresses planned and realized …
Persistent link: https://www.econbiz.de/10011625771
demand uncertainty. We allow for demand shocks that, while increasing expected profit, impede learning. The firm learns …, examine how they depend on the technology parameters and the structure of uncertainty and show that learning alone may explain … the S-shape of these paths. Immediate investment is possible despite the presence of demand uncertainty, if there are …
Persistent link: https://www.econbiz.de/10005661630
industrialized countries (NICs) over 1980–2006 shows that exchange rate uncertainty has a consistent positive and significant effect … on the volatility of bilateral trade flows. A one standard deviation increase in exchange rate uncertainty leads to an … that exchange rate uncertainty does not affect the volume of trade flows of either industrialized countries or NICs. …
Persistent link: https://www.econbiz.de/10005074087
investigate how uncertainty affects the attractiveness of investment in a particular location. Just how much does the ease of exit …
Persistent link: https://www.econbiz.de/10010300167
investigate how uncertainty affects the attractiveness of investment in a particular location. Just how much does the ease of exit …
Persistent link: https://www.econbiz.de/10010954355
We study how the labour market and industry uncertainty affect the investment decisions of multinational enterprises …
Persistent link: https://www.econbiz.de/10005123539