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 model. The model demonstrates that the optimal time for switching to FDI depends on the expected future demand and the degree of its uncertainty

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Year of publication:	2016
Authors:	Hyun, Hea-Jung
Publisher:	[2016]: [S.l.] : SSRN
Subject:	Auslandsinvestition \| Foreign investment \| Entwicklungsländer \| Developing countries \| Theorie \| Theory

Extent:	1 Online-Ressource (42 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Journal of East Asian Economic Integration, Vol. 16, No. 1, (March 2012) 25-66 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments December 9, 2011 erstellt
Classification:	F23 - Multinational Firms; International Business ; d22
Source:	ECONIS - Online Catalogue of the ZBW

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