Strategic foreign direct investment and exchange-rate uncertainty

International Economic Review

Volumn 41, Issue 2, 2000, Pages 411-423

  Sung, Hongmo ^a   Lapan, Harvey E ^b  

^a Kyonggi University   (South Korea)

^b IOWA STATE UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0039594550     PISSN: 00206598     EISSN: None     Source Type: Journal    
DOI: 10.1111/1468-2354.00069     Document Type: Article

References (10)

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3. CUSHMAN, D. O., "Real Exchange Rate Risk, Expectations, and the Level of Direct Investment, " Review of Economics and Statistics 67 (1985), 297-308.
4. DIXIT, A., "Hysteresis, Import Penetration and Exchange Rate Pass-Through, " Quarterly Journal of Economics 104, (1989a), 205-28.
5. _, "Intersectoral Capital Reallocation Under Price Uncertainty, " Journal of International Economics 26 (1989b), 309-26.
6. _, AND R. PINDYCK, Investment under Uncertainty (Princeton, NJ: Princeton University Press, 1994).
7. GOLDBERG, L. S., AND C. D. KOLSTAD, "Foreign Direct Investment, Exchange Rate Variability and Demand Uncertainty, " International Economic Reriew 36 (1995), 855-73.
8. GROSSMAN, G. M., AND A. RAZIN, "Direct Foreign Investment and the Choice of Technique under Uncertainty, " Oxford Economic Papers 37 (1985), 606-20.
9. KOGUT, B., AND N. KULATILAKA, "Operating Flexibility, Global Manufacturing, and the Option Value of a Multinational Network, " Management Science 40 (1994), 123-39.
10. SPENCER, B. J., AND J. A. BRANDER, "Pre-commitment and Flexibility: Applications to Oligopoly Theory, " European Economic Review 36 (1992), 1601-26.