Strategic Foreign Direct Investment in Developing Countries under Demand Uncertainty: Commitment vs. Flexibility
The paper analyzes the effect of expected future demand on the investment decisions of multinational enterprises. In particular, I explore the issue of the timing of switching between exporting and FDI in the host developing country and explicitly incorporate the firm’s attitude toward risk in the m...
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| Format: | Article |
| Language: | English |
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Korea Institute for International Economic Policy
2012-03-01
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| Series: | East Asian Economic Review |
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| Online Access: | http://dx.doi.org/10.11644/KIEP.JEAI.2012.16.1.242 |