Country Risks and the Investment Activity of U.S. Multinationals in Developing Countries /
This paper develops a simple real options model that demonstrates the role of country-specific risk and sunk costs in determining a multinational's choice between exports and foreign investment. The hypotheses from the model are tested for the distribution of capital expenditures by U.S.-owned...
| প্রধান লেখক: | |
|---|---|
| বিন্যাস: | পত্রিকা |
| ভাষা: | English |
| প্রকাশিত: |
Washington, D.C. :
International Monetary Fund,
1999.
|
| মালা: | IMF Working Papers; Working Paper ;
No. 1999/133 |
| অনলাইন ব্যবহার করুন: | Full text available on IMF |