Strategic Foreign Direct Investment in Developing Countries under Demand Uncertainty: Commitment vs. Flexibility

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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Bibliographic Details
Main Author: Hea-Jung Hyun
Format: Article
Language:English
Published: Korea Institute for International Economic Policy 2012-03-01
Series:East Asian Economic Review
Subjects:
Foreign Direct Investment
Developing Countries
Uncertainty
Switching Time
Commitment
Flexibility
Online Access:http://dx.doi.org/10.11644/KIEP.JEAI.2012.16.1.242

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