International production diversification of multinational corporations and exchange rate uncertainty.

Item

Title
International production diversification of multinational corporations and exchange rate uncertainty.
Identifier
AAI9224845
identifier
9224845
Creator
Onuk, Muhittin Cengiz.
Contributor
Adviser: Yaman Asikoglu
Date
1992
Language
English
Publisher
City University of New York.
Subject
Economics, Theory | Economics, Finance
Abstract
Multinational Corporation producing and selling abroad is analyzed in this dissertation. Three basic versions of the model are examined and compared under different exchange rate processes. Behavior and level of exchange rate pass through effects were observed to be significantly different from the literature. Also, I found that the diversification of production in different countries contributes to the value of the firm even if international financial diversification is possible without friction. Finally, it has been shown that diversified multinational corporation stabilizes profits and magnifies the effect of exchange rate on local production and increases international transmission of business cycles.
Type
dissertation
Source
PQT Legacy CUNY.xlsx
degree
Ph.D.
Item sets
CUNY Legacy ETDs