Path: Top -> Journal -> Jurnal Internasional -> Journal -> Economy

The merits of horizontal versus vertical FDI in the presence of uncertainty

Journal from gdlhub / 2017-08-14 11:52:53
Oleh : Joshua Aizenmana, Nancy Marion, ELSEVIER (jaizen@ucsc.edu (J. Aizenman), n.p.marion@dartmouth.edu (N. Marion).)
Dibuat : 2010-06-23, dengan 1 file

Keyword : merits,horizontal, vertical, FDI,uncertainty
Url : http://www.elsevier.com/locate/econbase

We examine the impact of uncertainty on vertical and horizontal FDI. Our model shows that greater supply uncertainty reduces the expected income from vertical FDI but increases the expected income from horizontal FDI. Greater demand uncertainty adversely affects the expected income under both production modes. Uncertainty about predatory actions by the host country is more costly to the



multinational under vertical than under the horizontal mode.We examine sales by foreign affiliates of U.S. parent companies. Conditioning on host-country characteristics thought to influence FDI, we find evidence that volatility and sovereign risk have a greater negative impact on vertical FDI than on horizontal FDI.



2003 Elsevier B.V. All rights reserved.

Beri Komentar ?#(0) | Bookmark

PropertiNilai Properti
ID Publishergdlhub
OrganisasiELSEVIER
Nama KontakHerti Yani, S.Kom
AlamatJln. Jenderal Sudirman
KotaJambi
DaerahJambi
NegaraIndonesia
Telepon0741-35095
Fax0741-35093
E-mail Administratorelibrarystikom@gmail.com
E-mail CKOelibrarystikom@gmail.com

Print ...

Kontributor...

  • , Editor: Hendri, S.Kom

Download...

  • Download hanya untuk member.

    Aizenman_The
    Download Image
    File : Aizenman_The.pdf

    (185831 bytes)