Narrow search
Showing 1 - 10 of 1,982
Cover Image
The effect of investing abroad on investment at home : on the role of technology, tax savings, and internal capital markets
Goldbach, Stefan; Nagengast, Arne J.; Steinmüller, Elias; … - 2017
This paper examines the relationship between foreign and domestic investment activity of multinational enterprises. The empirical analysis is based on micro data of German firms and their operations at home and abroad, including information on investment in fixed assets. The empirical approach,...
Persistent link: https://www.econbiz.de/10011649212
Cover Image
The organization of knowledge in multinational firms
Gumpert, Anna - 2015
This paper provides the first in-depth study of the organization of knowledge in multinational firms. The paper develops a theoretical model that studies how firms optimally split knowledge between their headquarters and their production plants if communication costs impede the access of...
Persistent link: https://www.econbiz.de/10011373085
Cover Image
The organization of knowledge in multinational firms
Gumpert, Anna - 2017
This paper provides the first in-depth study of the organization of knowledge in multinational firms. In the theory, knowledge is a costly input for firms that they can acquire at their headquarters or their production plants. Communication costs impede the access of the plants to headquarter...
Persistent link: https://www.econbiz.de/10011697278
Cover Image
R&D grant and tax credit support for foreign-owned subsidiaries : does it pay off?
Lenihan, Helena; Mulligan, Kevin; Doran, Justin; … - 2022
Foreign-owned subsidiaries make significant contributions to national Research and Development (R&D) in many host countries. Policymakers often support subsidiaries through R&D grants and R&D tax credits. A key objective of this funding is to leverage R&D-driven firm performance benefits for the...
Persistent link: https://www.econbiz.de/10012816814
Cover Image
Multinationals, technology transfers, and spillovers
Wan, Yunyun - 2020
Persistent link: https://www.econbiz.de/10012655571
Cover Image
Testing the O-ring theory for FDI
Engemann, Martina; Lindemann, Henrike - 2013
foreign direct investment (FDI). In this paper, we therefore adopt the idea of Kremer (1993) and Costinot et al. (2011) of a … sequential production process which is subject to mistakes to the theory of FDI. Using firm-level panel data on German outward … FDI, we show that the affiliate sector's position in the value chain affects the firm's FDI location choice. Affiliates in …
Persistent link: https://www.econbiz.de/10009775632
Cover Image
Multinational firms in tax havens : corporate motives, regulatory countermeasures, and recent statistics
Olbert, Marcel; Spengel, Christoph; Weck, Stefan - 2023 - This version: 27 July 2023
We investigate multinational firms' activities in tax havens and regulatory efforts to curb these activities in three steps. First, we discuss the evolution of information exchange and disclosure regimes among tax authorities, with a focus on the recent Countryby-Country (CbC) reporting regimes,...
Persistent link: https://www.econbiz.de/10014367377
Cover Image
Benefits of internationalisation for acquirers and targets - but unevenly distributed
Frey, Rainer; Goldbach, Stefan - 2021
In some countries around the world, the advantages of globalisation have been increasingly called into question recently. In particular, takeovers by foreign firms raise suspicions of technology theft and job cuts at the newly acquired local plant. By looking at Germany, as a large open economy,...
Persistent link: https://www.econbiz.de/10012627996
Cover Image
The tax attractiveness of EU locations for corporate investments : a stocktaking of past developments and recent reforms
Gundert, Hannah; Nicolay, Katharina; Steinbrenner, Daniela - 2023
Tax incentives are a key component of governments’ investment policy mix as they directly impact companies’ tax burden. In this paper, we illustrate the EU’s tax attractiveness as investment location over time in terms of effective average tax rates and evaluate potential tax reform...
Persistent link: https://www.econbiz.de/10014472323
Cover Image
Decomposing general equilibrium effects of policy intervention in multi-regional trade models : method and sample application
Böhringer, Christoph - 1999
Policy interventions in large open economies do not only affect the allocation of domestic resources but change international market prices. The change in international prices implies an indirect secondary burden or benefit for all trading countries. This secondary terms of trade effect may have...
Persistent link: https://www.econbiz.de/10013428260