The results hold a significant degree of robustness since no presumptions were
made as to the functional forms of the underlying probability density, utility and
production (beyond the usual von Neumann-Morgenstern, constant absolute risk
aversion, and homogeneity assumptions). However, further theoretical and empirical
investigations of the intricate issues discussed in the last section are certainly worth
pursuing. Although the stated parameters do not form an exhaustive list of the
FDI-uncertainty determinants, it is likely that these parameters continue to play
crucial roles in more general settings. Furthermore, the econometric task of effectively
isolating such parameters and their roles should not be underestimated.