{"title":"不确定性在形成直接投资与国际贸易关系中的作用:来自VAR模型的证据","authors":"Piotr Adamczyk","doi":"10.1080/10669868.2022.2078920","DOIUrl":null,"url":null,"abstract":"Abstract In this study, we test whether uncertainty shocks can affect the choice between direct investments and international trade as competitive modes of operating on foreign markets. In order to verify this, we built simple investments-to-trade ratios and used them with selected uncertainty measures in VAR models. Our analysis shows that in the case of the Polish manufacturing sector, different types of uncertainty not only affect the choice between direct investments abroad and exports but also affect the choice between foreign direct investment and imports as different modes of supplying the Polish market by foreign entities.","PeriodicalId":44266,"journal":{"name":"Journal of East-West Business","volume":null,"pages":null},"PeriodicalIF":1.2000,"publicationDate":"2022-04-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"2","resultStr":"{\"title\":\"The Role of Uncertainty in Shaping the Relationship between Direct Investments and International Trade: Evidence from VAR Models\",\"authors\":\"Piotr Adamczyk\",\"doi\":\"10.1080/10669868.2022.2078920\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"Abstract In this study, we test whether uncertainty shocks can affect the choice between direct investments and international trade as competitive modes of operating on foreign markets. In order to verify this, we built simple investments-to-trade ratios and used them with selected uncertainty measures in VAR models. Our analysis shows that in the case of the Polish manufacturing sector, different types of uncertainty not only affect the choice between direct investments abroad and exports but also affect the choice between foreign direct investment and imports as different modes of supplying the Polish market by foreign entities.\",\"PeriodicalId\":44266,\"journal\":{\"name\":\"Journal of East-West Business\",\"volume\":null,\"pages\":null},\"PeriodicalIF\":1.2000,\"publicationDate\":\"2022-04-03\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"2\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Journal of East-West Business\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.1080/10669868.2022.2078920\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q4\",\"JCRName\":\"BUSINESS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of East-West Business","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1080/10669868.2022.2078920","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"BUSINESS","Score":null,"Total":0}
The Role of Uncertainty in Shaping the Relationship between Direct Investments and International Trade: Evidence from VAR Models
Abstract In this study, we test whether uncertainty shocks can affect the choice between direct investments and international trade as competitive modes of operating on foreign markets. In order to verify this, we built simple investments-to-trade ratios and used them with selected uncertainty measures in VAR models. Our analysis shows that in the case of the Polish manufacturing sector, different types of uncertainty not only affect the choice between direct investments abroad and exports but also affect the choice between foreign direct investment and imports as different modes of supplying the Polish market by foreign entities.
期刊介绍:
Journal of East-West Business is a quarterly journal that deals with contemporary and emerging aspects of business studies, strategies, development, and practice as they relate to the Russian Federation, the new republics of the Commonwealth of Independent States, and Eastern/Central Europe-and business relationships with other countries of the world. The Journal of East-West Business is international in scope and treats business issues from comparative, cross-cultural, and cross-national perspectives. The journal features an Editorial Advisory Board that represents the Russian Federation, Eastern/Central European, and Baltic states in this new business arena.