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We study the role of competition for the hold-up problem in foreign direct investment in resource-based industries. The … host country government is not only unable to commit not to expropriate investment ex post, but is also unable to commit to … higher investment levels and increases host country revenues, but hurts pro.ts of international investors. …
Persistent link: https://www.econbiz.de/10011547727
Foreign direct investment (FDI) in services has grown significantly in recent years. Evidence of spatial relationships … complex vertical motivations. -- foreign direct investment ; services ; spatial econometric techniques …
Persistent link: https://www.econbiz.de/10009307953
why their sales and their investment probability decrease across space. Empirical evidence from data on corporate …
Persistent link: https://www.econbiz.de/10011281300
investment reduces the market distortion, it will also make potential compensations larger. Consequently, potential compensations … to a foreign investor do not imply a zero-sum game. ISDS may decrease domestic welfare, in particular if the investment …
Persistent link: https://www.econbiz.de/10012271775
This chapter provides a survey of issues which emerge with the taxation of multinational enterprises. It addresses tax rates which affect multinational firms directly and focuses on provisions and incentives which relate to the profits and investments of such firms directly. It survey positive...
Persistent link: https://www.econbiz.de/10011616385
Seminal theories of the firm posit that firm ownership is allocated to minimize contractual inefficiencies. Yet, it remains unclear how much the optimal ownership choice affects firm performance in practice. This paper provides a first quantification of the gains from optimal ownership within...
Persistent link: https://www.econbiz.de/10014312548
two-period model where foreign investment is subject to domestic regulation and a holdup problem. It shows that ISDS can …
Persistent link: https://www.econbiz.de/10011431559
We study the impact of the 2016 Brexit referendum on UK foreign direct investment. Using the synthetic control method … number of UK outward investment transactions in the remaining EU27 member states, whereas transactions in non-EU OECD … retain access to the EU market after Brexit. At the same time, we find that the number of EU27 investment projects in the UK …
Persistent link: https://www.econbiz.de/10012033279
investment (FDI). Using a unique dataset which allows us to observe the worldwide activities of a large panel of multinational … transfer pricing by the host country affect investment and employment of foreign subsidiaries. The results indicate that …
Persistent link: https://www.econbiz.de/10010257227
This article investigates a tax competition model where countries compete for capital and profits of multinational enterprises (MNEs) through statutory tax rates and cross-border loss-offset provisions, which allow a transfer of foreign subsidiaries’ losses to the parent company. A joint...
Persistent link: https://www.econbiz.de/10011295801