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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 paper introduces a comprehensive database on bank ownership for 137 countries over 1995-2009, and reviews foreign bank behavior and impact. It documents substantial increases in foreign bank presence, with many more home and host countries. Current market shares of foreign banks average 20...
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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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