Foreign Direct Investment (FDI) and Exchange Rate Uncertainty in Imperfectly Competitive Industries

  • Ray Barrell
  • Sylvia D. Gottschalk
  • Stephen G. Hall
Part of the Contributions to Economics book series (CE)


Exchange Rate Foreign Direct Investment Market Power Euro Area Real Exchange Rate 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.


  1. Arrellano, M., Bond, S.R., (2001) Some tests of specification for panel data: Monte Carlo evidence and an application to employment equations, Review of Economic Studies, Vol.58, pp. 277-297.Google Scholar
  2. Bènassy-Quèrè,A., Fontagnè,L., Lahréche-Rèvil, A. (2001) Exchange-rate strategies in the competition for attracting foreign direct investment Journal of the Japanese and international Economies, vol.15, $n^o$2, pp. 178-198.CrossRefGoogle Scholar
  3. Bollerslev,T., R.F. Engle, J.M. Wooldridge, (1988) A capital asset pricing model with time varying covariances, Journal of Political Economy, Vol. 96, pp. 116-131.CrossRefGoogle Scholar
  4. Campa, J.M., Goldberg, L. (1995), Investment in manufacturing, exchange rates and external exposure, Journal of International Economics, Vol.38, pp. 297-320.CrossRefGoogle Scholar
  5. Cushman, D.O. (1985), Real exchange rate risk, expectations and the level of direct investment, Review of Economics and Statistics, Vol. 67, 297-307.CrossRefGoogle Scholar
  6. Cushman, D.O. (1988), Exchange rate uncertainty and foreign direct investment in the United States, Weltwirtschaftliches Archiv, Vol. 124, pp. 322-336.Google Scholar
  7. Domowitz, I, Hubbard, R.G., Petersen, C. (1996),Business cycles and the relationship between concentration and profit margins, Rand Journal of Economics, vol.17, pp. 1-17.CrossRefGoogle Scholar
  8. Engle, R., Kroner, (1995), Multivariate simultaneous generalized ARCH, Econometric Theory, Vol. 11, pp. 122-150.CrossRefGoogle Scholar
  9. Hall,S.G., D.K. Miles, M.P. Taylor (1990), A multivariate GARCH in mean estimation of the capital asset pricing model, in K. Patterson and S.G. B. Henry (eds.) Economic modelling at the Bank of England, Chapman and hall, London.Google Scholar
  10. Hall, S.G., D.K. Miles (1992), An empirical study of recent trends in world bond markets, Oxford Economic Papers, Vol.44, pp. 559-625.Google Scholar
  11. Hayashi, F. (1982), Tobin’s marginal and average q: A noeclassical interpretation, Econometrica, Vol. 50, pp. 213-224.CrossRefGoogle Scholar
  12. Hsiao, C. (2003) Analysis of panel data, Second edition, Cambridge University Press.Google Scholar
  13. Kraft, D.F., R.F. Engle (1982), Autoregressive conditional heteroskedasticity in multiple time series, UCSD Manuscript.Google Scholar
  14. Nucci, A., Pozzolo, A.F. (2001) Investment and the exchange rate: An analysis with firm-level panel data, European Economic Review, vol.45, pp. 259-283.CrossRefGoogle Scholar

Copyright information

© Physica-Verlag Heidelberg 2007

Authors and Affiliations

  • Ray Barrell
    • 1
  • Sylvia D. Gottschalk
    • 1
  • Stephen G. Hall
    • 1
  1. 1.National Institute of Economic and Social Research (NIESR)Smith SquareUnited Kingdom

Personalised recommendations