• Title of article

    Industry-wide versus firm-specific uncertainty and investment: British company panel data evidence

  • Author/Authors

    Andrew Henley، نويسنده , , Alan Carruth، نويسنده , , Andy Dickerson، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2003
  • Pages
    6
  • From page
    87
  • To page
    92
  • Abstract
    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
  • Keywords
    Investment , Uncertainty , Irreversibility
  • Journal title
    Economics Letters
  • Serial Year
    2003
  • Journal title
    Economics Letters
  • Record number

    435088