Are we feeling more competitive yet?
growth options, exchange rates, and competitiveness
Edición de la obra Are we feeling more competitive yet?
| Autor | W. Carl Kester |
|---|---|
| Editorial | Division of Research, Harvard Business School |
| Fecha de publicación | 1988 |
| Lugar | Boston] |
| Idioma | inglés |
| Páginas | 30 |
| OCLC | 50679535 |
| Serie | Working paper / Division of Research, Harvard Business School -- 88-044 · Working paper (Harvard Business School. Division of Research) -- 88-044 |
| Número de Cutter | K42a |
This paper considers empirical evidence suggesting that the recent depreciation of the U.S. dollar has not enhanced the competitiveness of U.S. firms in the automobile and pharmaceutical industries. As a possible explanation for this finding, the paper proposes that in some industries, future competitiveness depends on firms' investment behaviour, and investment behavior is affected by changes in currency values.