Showing 1 - 10 of 120
The paper analyses the financial structure of German inward FDI. From a tax perspective, intra-company loans granted by the parent should be all the more strongly preferred over equity the lower the tax rate of the parent and the higher the tax rate of the German affiliate. From our study of a...
Persistent link: https://www.econbiz.de/10010886849
We use a unique exogenous corporate tax policy change in the Republic of Ireland to investigate how corporate taxation affects foreign direct investment at the extensive and intensive margin. To this end we construct exhaustive sectoral and plant level panel data and use...
Persistent link: https://www.econbiz.de/10010929483
This paper argues that the large reduction in corporate tax rates and only gradual widening of tax bases in many countries over the last decades are consistent with tougher international competition for foreign direct investment (FDI). To make this point we develop a model in which governments...
Persistent link: https://www.econbiz.de/10009317920
We investigate whether government subsidies to local input manufacturers encourage procurement from foreign firms. We use a comprehensive panel data of Irish firms from 1983 until 2002. Our data shows a spontaneity about linkages and relative insensitivity to grant aid, although it may be the...
Persistent link: https://www.econbiz.de/10005103191
question whether this has led to productivity gains within firms. I address this question by combining industry-level data on … offshoring and domestic outsourcing with a firm panel. I find that offshoring of non-core activities has led to productivity … gains whereas offshoring of core activities and domestic outsourcing have had no such effects. The estimated productivity …
Persistent link: https://www.econbiz.de/10010886967
Abstract: This paper investigates the productivity effects of inward and outward foreign direct investment using … the host country. Our results show that there are, on average, productivity benefits from inward FDI, although we can … identify a number of countries which, on aggregate, do not appear to benefit in terms of productivity. On the other hand, a …
Persistent link: https://www.econbiz.de/10005818874
is increasing in its productivity, with the most productive multinationals choosing not to rely on a foreign partner at …
Persistent link: https://www.econbiz.de/10005700636
This paper analyzes the horizontal productivity effects of foreign direct investment (FDI) from industrialized and …, and North Africa. We find strong evidence of horizontal productivity spillovers to domestic firms derived from foreign …-firm presence. However, these effects are clearly dependent on domestic firms’ absorptive capacity. The largest productivity effects …
Persistent link: https://www.econbiz.de/10011123766
This paper analyses a game theoretic model of tax competition in a system where tax authorities are revenue optimisers and countries are differentiated by size. The model accommodates more than two countries. In equilibrium, larger countries set higher tax rates non-cooperatively. By applying...
Persistent link: https://www.econbiz.de/10010956103
It has been argued in the literature that, interjurisdictional competition forces the public sector to increase its efficiency and thus helps to tame Leviathan governments. The paper addresses this hypothesis by means of a simple taxcompetition model with a Leviathan state. It is seen that the...
Persistent link: https://www.econbiz.de/10009276585