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The flow of foreign direct investment (FDI) has increased dramatically in the last two decades. However, the distribution of FDI is highly unequal and the competition among countries to attract foreign investors is fierce. This report investigates the determinants of FDI inflows to developing...
Persistent link: https://www.econbiz.de/10003646712
A provision of the Tax Cuts and Jobs Act of 2017 offered tax incentives for investing in certain low-income areas in the United States called Opportunity Zones (OZs). The goal of this provision was to spur private investment in OZs in order to improve the economic well-being of their residents....
Persistent link: https://www.econbiz.de/10013187185
United States and Mexico over the last 25 years. This paper evaluates the degree of wage convergence between these countries … during the period 1988 and 2011. We match survey and census data from Mexico and the United States to estimate the change in … evidence we do find is most likely due to factors unrelated to US-Mexico integration. While migration, trade, and FDI may …
Persistent link: https://www.econbiz.de/10011307892
The optimal mix of growth policies is derived within a comprehensive endogenous growth model. The analysis captures important elements of the tax-transfer system and takes into account transitional dynamics. Currently, for calculating corporate taxable income US firms are allowed to deduct...
Persistent link: https://www.econbiz.de/10003976826
Governments often aim to influence the amount and sectoral allocation of private investments through explicit or implicit subsidies. The rules used to select projects to benefit from subsidies may vary, depending on the policy objective. This paper develops a general framework to allocate...
Persistent link: https://www.econbiz.de/10012239109
We identify regional public investment priorities by studying the development of the water pipe system in the largest district in Poland. For this purpose, we take advantage of a major administrative re-form, implemented on 1 January 1999, which substantially changed the structure of Polish...
Persistent link: https://www.econbiz.de/10011993101
This paper estimates the direct effects of investment tax credits on firms' production behavior and the additional indirect effects arising from agglomeration economies. Exploiting a change in tax credit rates by firm size in Germany, I find that manufacturing firms increase capital and...
Persistent link: https://www.econbiz.de/10013429414
We use panel data on Mexican manufacturing plants to study the connection between plants’ responses to changes in the economic environment and their contributions to aggregate productivity growth in the period following the implementation of the North American Trade Agreement (NAFTA). In all...
Persistent link: https://www.econbiz.de/10003646696
It is argued that migration from Mexico to the US and its corresponding return migration are determined by … find that migration practically disappears if Mexico has American arrival rates while employed. Doubling migration costs …
Persistent link: https://www.econbiz.de/10003646713
in Mexico once unobserved heterogeneity is accounted for. Bivariate random effects dynamic probit models for cluster data …
Persistent link: https://www.econbiz.de/10003646722