Showing 1 - 10 of 46
is necessary to increase expenditure on R&D for business enterprises and higher education, exports and technology. If the …
Persistent link: https://www.econbiz.de/10011255716
We show that in a fully integrated economy, in which there is free mobility of goods and factors, each member’s share of total output will equal its shares of total stocks of productive factors (i.e., physical and human capital). We label this result the equal-share relationship. This...
Persistent link: https://www.econbiz.de/10011255601
that attract more foreign direct investments from the US and that are perceived as more popular among US investors. …
Persistent link: https://www.econbiz.de/10011255878
This paper analyses Net Private Capital Flows to LICs incorporating the recent surge in FDI between 2000 and 2006. We show that including country-specific effects in a paneldata setup resolves the Lucas Paradox, at least for LICs. Our results suggest that openness is among the most important...
Persistent link: https://www.econbiz.de/10011256071
The European Commission favours the introduction of a consolidated corporate tax base to overcome the distortions arising from the existing system of separate accounting. The blueprints for consolidation are simulated with the applied general equilibrium model CORTAX. We show that the benefits...
Persistent link: https://www.econbiz.de/10011256106
countries is large, while exports become more important if scale economies in production are large. This paper investigates … empirically the effect of different dimensions of distance on the choice between exports and FDI. We find that different … dimensions of distance affect exports and FDI differently. There is clear evidence of a proximity-concentration trade-off in …
Persistent link: https://www.econbiz.de/10011256176
We build a dynamic general equilibrium model with 2 countries, horizontal and vertical multinational activity and endogenous domestic and foreign investment. It is found that horizontal multinational activity always leads to a complementary relationship between domestic and foreign investment....
Persistent link: https://www.econbiz.de/10011256272
This paper analyzes enhanced cooperation agreements in corporate taxation in a three country tax competition model where countries differ in size. We characterize equilibrium tax rates and the optimal tax responses due to the formation of an enhanced cooperation agreement. Conditions for...
Persistent link: https://www.econbiz.de/10011261936
In the modern economy, cities are assumed to be in fierce competition over attracting foreign investments in leading … competing with each other over which types of investments Combining insights from international economics, international … investments based on the overlap of investment portfolios of regions. Taking competition for greenfield investments between …
Persistent link: https://www.econbiz.de/10011256290
We first demonstrate that, within a fully integrated economy (FIE) in which there is free mobility of goods and factors, each FIE member's share of total FIE output will equal its shares of the total FIE stock of each productive factor. This equal-share property implies that, if economic...
Persistent link: https://www.econbiz.de/10011256567