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International investment agreements employ dispute settlement procedures that differ markedly from their counterparts in trade agreements along three key dimensions: standing (i.e., the right to file grievances), the nature of the remedy, and the remedial period. In the state-to-state dispute...
Persistent link: https://www.econbiz.de/10012481969
In the last decade, economists have produced a considerable body of research suggesting that the historical origin of a country's laws is highly correlated with a broad range of its legal rules and regulations, as well as with economic outcomes. We summarize this evidence and attempt a unified...
Persistent link: https://www.econbiz.de/10012465031
While governments have multiple tax instruments available to them, studies of the effect of tax policy on the locational decisions of multinationals typically focus exclusively on host country corporate income tax rates and their interaction with home country tax rules. This paper examines the...
Persistent link: https://www.econbiz.de/10012470279
World Trade Organization. We find broad support for the terms-of-trade theory in the data. We claim more tentatively to find …
Persistent link: https://www.econbiz.de/10012465933
investment in a politically risky world …
Persistent link: https://www.econbiz.de/10012470320
This paper analyzes the effect of and performance of foreign direct investment (FDI). sparing foreign investment income to permit investors to receive the full benefits of host country tax reductions. For example, Japanese firms investing in countries with whom Japan has agreements are entitled...
Persistent link: https://www.econbiz.de/10012472085
In pursuit of more aggressive environmental goals, we now advance the dates at which some countries are asked to begin cutting below BAU, within our framework. We also tinker with the values for the parameters in the formulas. The resulting target paths for emissions are run through the WITCH...
Persistent link: https://www.econbiz.de/10012463133
Intellectual property treaties have two main types of provisions: national treatment of foreign inventors, and harmonization of protections. I address the positive question of when countries would want to treat foreign inventors the same as domestic inventors, and how their incentive to do so...
Persistent link: https://www.econbiz.de/10012469597
We study the incentives that governments have to protect intellectual property in a trading world economy. We consider … a world economy with ongoing innovation in two countries that differ in market size, in their capacities for innovation …
Persistent link: https://www.econbiz.de/10012470011
membership into the world trading system, the WTO may face a "latecomers" problem that, while occurring also in earlier rounds …
Persistent link: https://www.econbiz.de/10012461008