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Tax rate and tax base competition for foreign direct investment
Egger, Peter; Raff, Horst - 2011
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/10009302814
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Trend growth and learning about monetary policy rules in a two-block world economy
Schaling, Eric; Tesfaselassie, Mewael F. - 2013
Available evidence supports the view that growth is faster in more open economies. In order to analyze the implications of openness and growth on determinacy and learnability of worldwide rational expectations equilibria we develop a two-country New Keynesian model with growth. We analyze these...
Persistent link: https://www.econbiz.de/10009696036
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Are stricter investment rules contagious? : host country competition for foreign direct investment through international agreements
Neumayer, Eric; Nunnenkamp, Peter; Roy, Martin - 2014
We argue that the trend toward international investment agreements (IIAs) with stricter investment rules is driven by competitive diffusion, namely defensive moves of developing countries concerned about foreign direct investment (FDI) diversion in favor of competing host countries. Accounting...
Persistent link: https://www.econbiz.de/10010253457
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Markov switching regimes in a monetary exchange rate model
Frömmel, Michael; MacDonald, Ronald; Menkhoff, Lukas - In: Economic modelling 22 (2005) 3, pp. 485-502
Persistent link: https://www.econbiz.de/10002770119
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Exchange rates, country-specific shocks, and gold
Dooley, Michael P. - In: Applied financial economics 5 (1995) 3, pp. 121-129
Persistent link: https://www.econbiz.de/10001185275
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Financing for development : the gap between words and deeds since Monterrey
Nunnenkamp, Peter; Thiele, Rainer - 2011
of donor generosity, aid effectiveness and new means of financing. However, the development orientation of world leaders …
Persistent link: https://www.econbiz.de/10008908314
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More stringent BITs, less ambiguous effects on FDI? : Not a Bit!
Berger, Axel; Busse, Matthias; Nunnenkamp, Peter; Roy, … - 2010
We focus on investor-state dispute settlement provisions contained in various, though far from all, bilateral investment treaties as a possible determinant of BIT-related effects on bilateral FDI flows. Our estimation results prove to be sensitive to the specification of these provisions as well...
Persistent link: https://www.econbiz.de/10003956967
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Do trade and investment agreements lead to more FDI? : Accounting for key provisions inside the black box
Berger, Axel; Busse, Matthias; Nunnenkamp, Peter; Roy, … - 2010
The previous literature provides a highly ambiguous picture on the impact of trade and investment agreements on FDI. Most empirical studies ignore the actual content of BITs and RTAs, treating them as "black boxes", despite the diversity of investment provisions constituting the essence of these...
Persistent link: https://www.econbiz.de/10008652617
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Need, merit, and politics in multilateral aid allocation : a district-level analysis of World Bank projects in India
Nunnenkamp, Peter; Öhler, Hannes; Sosa Andrés, Maximiliano - 2012
empirical research on aid allocation by employing Poisson estimations on the determinants of the World Bank’s choice of project … locations at the district level in India. The evidence of needs-based location choices is very weak, even though World Bank … or district level. However, the World Bank prefers districts where foreign direct investors may benefit from projects …
Persistent link: https://www.econbiz.de/10009570504
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What drives FDI from non-traditional sources? : A comparative analysis of the determinants of bilateral FDI flows
Sosa Andrés, Maximiliano; Nunnenkamp, Peter; Busse, … - 2012
Non-traditional source countries of FDI play an increasingly important role, notably in developing host countries. This raises the question of whether the determinants of FDI differ systematically between traditional and non-traditional source countries. We perform Logit and Poisson Pseudo...
Persistent link: https://www.econbiz.de/10009425487