Blanco, Luisa R.; Rogers, Cynthia L. - In: Journal of Development Studies 50 (2014) 4, pp. 530-540
This paper investigates the impact of tax havens on non-tax haven countries in terms of foreign direct investment (FDI). We analyze the importance of agglomeration effects by including FDI inflow levels in tax havens and capture geographic spillovers by measuring proximity to the nearest tax...