Carruth, A.A. and Henley, A. and Dickerson, A.P. (2003) Industry-wide versus firm-specific uncertainty and investment: British company panel data evidence. Economics Letters, 78 (1). pp. 87-92. ISSN 0165-1765.
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This paper presents evidence on the prediction that the impacts of firm-specific and industry-wide uncertainty on investment will be different. Results show that these work in opposing directions and that the effect of industry-specific uncertainty is stronger in concentrated industries.
|Uncontrolled keywords:||investment; uncertainty; irreversibility|
|Subjects:||H Social Sciences > HB Economic Theory|
|Divisions:||Faculties > Social Sciences > School of Economics|
|Depositing User:||C. Hudson|
|Date Deposited:||19 Dec 2007 18:17|
|Last Modified:||04 May 2012 14:23|
|Resource URI:||http://kar.kent.ac.uk/id/eprint/501 (The current URI for this page, for reference purposes)|
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