Cassimon, Danny; Engelen, Peter-Jan; Meersman, Hilde; … - 2002
This paper investigates the effects of uncertainty on the investment behaviour using firm-level data for a sample of … Belgian manufacturing firms. In general, the results confirm former analysis at the aggregate level, stating that uncertainty … defined. It is shown that uncertainty has mainly an impact on the decision to invest and to a much lesser extent on the amount …