International oil price uncertainty and corporate investment: Evidence from China's emerging and transition economy

We develop and estimate a dynamic model of investment to investigate the impact of international oil price uncertainty on corporate investment expenditures in China's emerging and transition economy. We further examine whether state ownership affects the relationship between oil price uncertain...

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Bibliographic Details
Main Authors: Wang, Y., Xiang, E., Cheung, Adrian, Ruan, W., Hu, Wei
Format: Journal Article
Published: Elsevier 2017
Online Access:http://hdl.handle.net/20.500.11937/51331