Showing 21 - 30 of 171,532
This paper analyzes the firm's choice between serving a foreign market through exports or foreign affiliate sales in an environment characterized by country speci c shocks to the cost of production. Our model predicts that country pairs with less correlated output fluctuations trade more,...
Persistent link: https://www.econbiz.de/10013133331
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 …
Persistent link: https://www.econbiz.de/10013117585
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 …
Persistent link: https://www.econbiz.de/10013157816
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 …
Persistent link: https://www.econbiz.de/10013403116
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 …
Persistent link: https://www.econbiz.de/10010301807
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 …
Persistent link: https://www.econbiz.de/10003371083
This paper examines the incidence of foreign control in Canadian non-financial industries. It focuses on changes in the share of assets and revenues under foreign control over a long-run period during which Canada's regulatory climate shifted from being more restrictive to more liberal in its...
Persistent link: https://www.econbiz.de/10013158443
This paper tries to investigate the Long Term and Short term casual relationship between Foreign Direct Investment (FDI … Direct Investment (FDI) and Foreign exchange rates (FX) expect for YEN/INR. The Short-term relationship test confirms that … there exists a uni-directional relationship between the FX and FDI. Therefore FX has stronger ability to predict subsequent …
Persistent link: https://www.econbiz.de/10012953137
internationalizing through FDI …
Persistent link: https://www.econbiz.de/10012938226
This paper re-examines the role of exchange rates as determinant of FDI. It extends the analysis to include the issue … on the country to service the local market or to invest on the country in order to re-export. This paper offers a broad … as a determinant of FDI. Details of FDI current behavior in Latin American are described and I propose a model of FDI to …
Persistent link: https://www.econbiz.de/10013047115