English, Article, Journal or magazine article edition: Foreign direct investment in industrial R&D and exchange rate uncertainty in the UK Stephen G. Hall; Bettina Becker

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/34336
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Foreign direct investment in industrial R&​D and exchange rate uncertainty in the UK
Author
  • Stephen G. Hall
  • Bettina Becker
Physical Description
  • preprint
Notes
  • The purpose of this paper is to investigate the role of exchange rate uncertainty in determining foreign direct R&​D investment into the UK. Specifically, we examine the impact of the UKs possible entry into EMU, where we exploit the fact that on entry the covariance of the Euro and sterling will rise. We estimate an econometric model of FDI in R&​D, using a panel of manufacturing industries. Our results suggest that an increase in the volatility of the euro-dollar exchange rate tends to relocate R&​D investment from the Euro Area into the UK. A rise in the covariance of the Euro and sterling will increase foreign direct R&​D investment into the UK.
  • RePEc:nsr:niesrd:217
  • RePEc:mmf:mmfc03:4
Language
  • English
Contributed by
OAIster

Get this edition

Other links

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment