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Effective Labor Taxation and the International Location of Headquarters
Egger, Peter H. - 2012
Profit taxes are widely acknowledged to influence the location of firms' headquarters. This paper sheds light on the role of aspects of labor taxation for the international location of headquarters. While profit taxes can be avoided in various ways, it is much harder for firms to manipulate the...
Persistent link: https://www.econbiz.de/10013106126
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Consequences of Brexit and Options for a 'Global Britain'
Brakman, Steven - 2017
The United Kingdom has opted to leave the European Union. The trade and welfare consequences of this decision are large; most studies predict a trade and welfare loss for both the UK and the EU. The UK parliament has indicated that it aims for new and ambitious trade agreements following Brexit,...
Persistent link: https://www.econbiz.de/10012955285
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International Inflation Spillovers Through Input Linkages
Auer, Raphael - 2017
We document that observed international input-output linkages contribute substantially to synchronizing producer price inflation (PPI) across countries. Using a multi-country, industry-level dataset that combines information on PPI and exchange rates with international and domestic input-output...
Persistent link: https://www.econbiz.de/10012958731
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What Drives Corporate Tax Rates Down? A Reassessment of Globalization, Tax Competition, and Dynamic Adjustment to Shocks
Overesch, Michael - 2009
We reassess the driving forces behind the recent decline of corporate tax rates in Europe. Using data for up to 32 countries from 1983 to 2006, we analyze the role of economic and financial openness as well as tax competition while allowing for dynamic adjustment to shocks and period-specific as...
Persistent link: https://www.econbiz.de/10012765039
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Health Care Expenditure and Income : A Global Perspective
Baltagi, Badi H. - 2016
This paper investigates the long-run economic relationship between health care expenditure and income in the world … using data on 167 countries over the period 1995-2012, collected from the World Bank data set. The analysis is carried using …
Persistent link: https://www.econbiz.de/10012979662
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Globalization, Inequality, and Redistribution : Theory and Evidence
Gozgor, Giray - 2015
This paper constructs a simple theoretical model to study the implications of globalization for inequality and … redistribution. It shows that when globalization increases inequality, a policymaker interested in maximizing the sum of welfares of … all agents increases redistribution. Empirically, the paper examines the effects of globalization on inequality and …
Persistent link: https://www.econbiz.de/10013013496
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The Impact of Economic Globalization on the Shadow Economy in Egypt
Farzanegan, Mohammad Reza - 2017
This study examines the economic globalization and the shadow economy nexus in Egypt. Using time series data from 1976 … economic globalization is negative and statistically significant for the first three years following the shock. This finding is … obtained by controlling for several intermediary channels in globalization-shadow economy nexus such as education, government …
Persistent link: https://www.econbiz.de/10012956723
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The Globalisation of Inflation : The Growing Importance of Global Value Chains
Auer, Raphael - 2017
Greater international economic interconnectedness over recent decades has been changing inflation dynamics. This paper presents evidence that the expansion of global value chains (GVCs), ie cross-border trade in intermediate goods and services, is an important channel through which global...
Persistent link: https://www.econbiz.de/10012958886
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Distance, Globalization, and International Trade
Borchert, Ingo - 2017
For a long time globalization could be seen everywhere but in gravity estimates. We offer evidence how globalization …
Persistent link: https://www.econbiz.de/10012963770
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Globalization, Wage Polarization, and the Unstable Great Ratio
Cozzi, Guido - 2014
The US labour market has experienced a remarkable polarization in the 1980s and 1990s. Moreover, recent empirical work has documented a sharp increase in the wealth to income ratio in that period. Contemporary to these inequality trends, the US faced a fast technological catch-up as European...
Persistent link: https://www.econbiz.de/10013044598