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This paper studies how corporate tax hikes transmit across countries through multinationals' internal networks of … between countries generates positive investment spillover, intra-firm production linkages predict negative spillover. Using … subsidiary-level data and exogenous corporate tax hikes, we find that local business units cut investment by 0.4% for a 1 …
Persistent link: https://www.econbiz.de/10013540885
Persistent link: https://www.econbiz.de/10003457459
effects within phases of the technology life cycle. We also find that the negative impact of ICT investment on employment is …This paper examines the labor market implications of investment in automation over the life cycle of ICT and robot … these automation technologies and identify the phases of acceleration and deceleration in investment. We then examine how …
Persistent link: https://www.econbiz.de/10014490819
Tariffs have almost completely disappeared but various restrictions on foreign entry remain for multinationals. Many … trade agreements and Bilateral Investment Treaties (BITs) have been signed to lower tariffs and reduce the risks of … multinationals can shift their profits explain the absence of FDI agreements? In this paper I develop a model in which governments …
Persistent link: https://www.econbiz.de/10011459180
thin capitalization rules when multinationals can also shift income via transfer prices. We show that while permissive thin …
Persistent link: https://www.econbiz.de/10010509595
By introducing controlled-foreign-company (CFC) rules, the parent country of a multinational firm reserves the right to tax the income of the firm's foreign affiliates if the tax rate in the affiliate's host country is below a specified threshold. We identify the conditions under which binding...
Persistent link: https://www.econbiz.de/10011451112
labor market? We use data for Norway to show that the labor market is characterized by a job ladder, with multinationals on … data. In a counterfactual where multinationals face an infinite entry cost, payments to labor fall and profits of domestic …
Persistent link: https://www.econbiz.de/10014383751
-income tax rate increases GDP, wages, consumption, investment, and business density. The trade balance is at the same time …
Persistent link: https://www.econbiz.de/10013368610
rollouts lead to significant reductions in firm sales and employment at exposed suppliers, an increase in their salaries to … initially low-wage workers and a reduction in their low-wage employment share. We then use the estimated effects and the …
Persistent link: https://www.econbiz.de/10013457401
investment (FDI) and labor market. We construct a panel dataset containing 285 Chinese cities 2011 to 2017 along with detailed … employment and such an effect is more pronounced in the regions with colonial influence than their counterparts. Further, we find … that the experience of Western colonization strengthens the positive effect of inward FDI on employment whereas the …
Persistent link: https://www.econbiz.de/10012238484