References
- Ahir, H., N. Bloom, and D. Furcer. 2019. The World Uncertainty Index. SIEPR Working Paper 19–027, Stanford University, Stanford, CA.
- Aizenman, J., and N. Marion. 2001. The merits of horizontal versus vertical FDI in the presence of uncertainty. NBER Working Paper 8631, National Bureau of Economic Research, Cambridge, MA.
- Aizenman, J., and I. Noy. 2006. FDI and trade—Two-way linkages? The Quarterly Review of Economics and Finance 46 (3):317–337. doi:https://doi.org/10.1016/j.qref.2006.02.004.
- Baker, S. R., N. Bloom, and S. J. Davis. 2015. Measuring economic policy uncertainty. NBER Working Paper 21633, National Bureau of Economic Research, Cambridge, MA..
- Blomström, M., R. E. Lipsey, and K. Kulchycky. 1987. U.S. and Swedish direct investment and exports. NBER Working Paper Series 2390, National Bureau of Economic Research, Cambridge, MA.
- Bloom, N. 2009. The impact of uncertainty shocks. Econometrica 77 (3):623685.
- Brouthers, L. E., S. Werner, and T. J. Wilkinson. 1996. The aggregate impact of firms’ FDI strategies on the trade balances of host countries. Journal of International Business Studies 27 (2):359–373. doi:https://doi.org/10.1057/palgrave.jibs.8490139.
- Conconi, P., A. Sapir, and M. Zanardi. 2016. The internationalization process of firms: From exports to FDI. Journal of International Economics 99:16–30. doi:https://doi.org/10.1016/j.jinteco.2015.12.004.
- Dornean, A., and D.-C. Oanea. 2015. Impact of the economic crisis on FDI in Central and Eastern Europe. Review of Economic and Business Studies 8 (2):53–68. doi:https://doi.org/10.1515/rebs-2016-0003.
- Dunning, J. H., and S. M. Lundan. 2008. Multinational enterprises and the global economy. 2nd ed. Cheltenham, England: Edward Elgar.
- Filippaios, F., and C. Kottaridi. 2015. The FDI and trade relationship revisited under structural change: Evidence from a sector-based analysis in Central and Eastern European countries. East-West Journal of Economics and Business 18 (2):11–40.
- Fontagné, L. 1999. Foreign direct investment and international trade: Complements or substitutes?. STI Working Papers 3, OECD, Paris, France. doi:https://doi.org/10.1787/771416201121.
- Glover, B., and O. Levine. 2015. Uncertainty, investment, and managerial incentives. Journal of Monetary Economics 69:121–137. doi:https://doi.org/10.1016/j.jmoneco.2014.11.004.
- Helpman, E., M. J. Melitz, and S. R. Yeaple. 2004. Export versus FDI with heterogeneous firms. American Economic Review 94 (1):300–316. doi:https://doi.org/10.1257/000282804322970814.
- Horst, T. 1971. The simple analytics of multinational firm behavior: Optimal behavior under different tariffs and tax rules. Journal of Political Economy 79 (5):1059–1072. doi:https://doi.org/10.1086/259814.
- Jurado, K., S. C. Ludvigson, and S. Ng. 2015. Measuring uncertainty. American Economic Review 105 (3):1177–1216. doi:https://doi.org/10.1257/aer.20131193.
- Kastratović, R. 2020. The impact of foreign direct investment on host country exports: A meta-analysis. The World Economy 43 (12):3142–3183. doi:https://doi.org/10.1111/twec.13011.
- Kiran, B. 2011. Causal Links between Foreign Direct Investment and Trade in Turkey. International Journal of Economics and Finance 3 (2):150–158. doi:https://doi.org/10.5539/ijef.v3n2p150.
- Lee, S. W. 2007. Foreign direct investment and export performance: The case of Taiwan. University of Wollongong thesis collection, 1954–2016, University of Wollongong.
- Markusen, J. R., and A. J. Venables. 1998. Multinational firms and the new trade theory. Journal of International Economics 46 (2):183–203. doi:https://doi.org/10.1016/S0022-1996(97)00052-4.
- Martínez-San Román, V., M. Bengoa, and B. Sánchez-Robles. 2016. Foreign direct investment, trade integration and the home bias: Evidence from the European Union. Empirical Economics 50 (1):197–229. doi:https://doi.org/10.1007/s00181-015-0942-y.
- Meinen, P., and O. Roehe. 2017. On measuring uncertainty and its impact on investment: Cross-country evidence from the euro area. European Economic Review 92:161–179. doi:https://doi.org/10.1016/j.euroecorev.2016.12.002.
- Saggi, K. 2002. Trade, foreign direct investment, and international technology transfer: A survey. The World Bank Research Observer 17 (2):191–235. doi:https://doi.org/10.1093/wbro/17.2.191.
- Sass, M., Z. Gál, and B. Juhász. 2018. The impact of FDI on host countries: The analysis of selected service industries in the Visegrad countries. Post-Communist Economies 30 (5):1–74. doi:https://doi.org/10.1080/14631377.2018.1445332.
- Śmiech, S., M. Papież, and M. A. Dąbrowski. 2019. How important are different aspects of uncertainty in driving industrial production in the CEE countries? Research in International Business and Finance 50:252–266. doi:https://doi.org/10.1016/j.ribaf.2019.05.008.
- Yalcin, E. 2009. Uncertain productivity growth and the choice between FDI and export. CESifo Working Paper 2773, Center for Economic Studies, Munich, Germany.
- Yalcin, E., and D. Sala. 2014. Uncertain productivity growth and the choice between FDI and export. Review of International Economics 22 (1):189–208. doi:https://doi.org/10.1111/roie.12105.