Industry-wide versus firm-specific uncertainty and investment: British company panel data evidence. (Q1853717)
From MaRDI portal
scientific article
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Industry-wide versus firm-specific uncertainty and investment: British company panel data evidence. |
scientific article |
Statements
Industry-wide versus firm-specific uncertainty and investment: British company panel data evidence. (English)
0 references
22 January 2003
0 references
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.
0 references
Investment
0 references
Uncertainty
0 references
Irreversibility
0 references
