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the world’s five largest importers for the period from 2002-2006, we find that the reporting gaps are highly correlated … with the level of corruption in both partner countries. This finding supports the hypothesis that trade gaps partly … represent smuggling activities. -- Corruption ; illicit ; illegal ; trade ; statistics ; tariffs …
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Using a large international firm-level data set, we estimate separate effects of host and parent country taxation on the location decisions of multinational firms. Both types of taxation are estimated to have a negative impact on the location of new foreign subsidiaries. In fact, the impact of...
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that arise along the way. Special attention is given to Norway, the world's third largest oil exporter, and the role of …
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This essay reviews the relationship between natural-resource abundance and economic growth around the world, and … protection, corruption, and income inequality. The cross-sectional data show, moreover, that the share of the primary sector in …
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It is often argued that deregulation of international transactions and its effects on the globalization of financial markets is behind the decline in the attractiveness of fixed exchange rate regimes. We argue that, instead, much of the recently observed decrease in the level of capital controls...
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Factor price equality across countries is an important implication of the Heckscher-Ohlin-Samuelson model of international trade. Although an influential theoretical result, the model has received surprisingly little empirical support. Burgman and Geppert (1993) argue that this might be due to...
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