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This paper shows that Investor-State Dispute Settlements (ISDS) makes multinational firms more aggressive by increasing cost-reducing investments with the aim to enlarge the potential compensation an ISDS provision may offer. While a larger investment reduces the market distortion, it will also...
Persistent link: https://www.econbiz.de/10012823148
This paper explores empirically whether and how FDI is affected if multinationals’ home countries change taxation of foreign earnings by switching from worldwide to territorial taxation. Our analysis employs data for German inbound FDI based on the ultimate investing country concept. We use a...
Persistent link: https://www.econbiz.de/10012892126
The use of tax havens by multinational corporations (MNCs) has attracted increasing attention and scrutiny in recent years. This paper provides an exposition of the academic literature on this topic. It begins with an overview of the basic facts regarding MNCs' use of havens, which are...
Persistent link: https://www.econbiz.de/10012834357
. The MP links significantly amplified the impact of these shocks on the rest of the world, which had a much greater impact …
Persistent link: https://www.econbiz.de/10014358332
Several papers have proven that the institutional environment of the receiving country can influence the choice to establish an FDI. Property rights theory suggests that contract enforcement matters differentially across sectors. This paper is the first attempt to test whether institutions...
Persistent link: https://www.econbiz.de/10013316890
The aim of this paper is to test for the relevance of spatial linkages for Dutch (outbound) FDI. To do so, and based on recent FDI theories, we estimate a spatial lag model to assess the importance of spatial linkages for Dutch FDI to 18 host countries. As a determinant of FDI, space or...
Persistent link: https://www.econbiz.de/10012753723
Most pre-crisis explanations of the various corporate governance systems have considered the separation between ownership and control to be an advantage of the Anglo-American economies. They have also attributed the failure of other countries to achieve these efficient arrangements to their...
Persistent link: https://www.econbiz.de/10013116042
" employment. As a consequence, endemic un- and underemployment is accepted as an inevitable attribute of the labor market. This is … inaccurate inasmuch as the concept assumes that the institutional structure of the labor market is held constant. However, with … to create an inclusive labor market that distributes the available work in a more equitable fashion than the current …
Persistent link: https://www.econbiz.de/10010420693
This paper presents a positive model which shows that institutional setups on capital and labor markets might be …-country relationship between labor market rigidities and of competition on capital markets receives considerable empicical support. …
Persistent link: https://www.econbiz.de/10010316080
location for an affiliate of a multinational firm. In particular, we distinguish between the tax sensitivity of Greenfield and … M&A investments are less sensitive to differences in tax rates than location decisions of Greenfield investments … Greenfield investments is negative and in absolute value significantly larger than that associated with M&A investments. This …
Persistent link: https://www.econbiz.de/10010277219