Showing 1 - 10 of 295
How did the rise of multinational enterprises (MNEs) put pressure on the prevailing international corporate tax framework? MNEs, and firms with market power, are not new phenomena, nor is the corporate income tax, which dates to the early 20th century. This prompts the question, what is...
Persistent link: https://www.econbiz.de/10012301968
The local sourcing of intermediate products is one the main channels for foreign direct investment (FDI) spillovers. This paper investigates whether and how participation and positioning in the global value chains (GVCs) of host countries is associated to local sourcing by foreign investors....
Persistent link: https://www.econbiz.de/10012112331
Macro statistics on foreign direct investment (FDI) are blurred by offshore centers with enormous inward and outward investment positions. This paper uses several new data sources, both macro and micro, to estimate the global FDI network while disentangling real investment and phantom investment...
Persistent link: https://www.econbiz.de/10012155009
This paper addresses three types of geographical decoupling in foreign direct investment (FDI), id est, challenges when using traditional FDI data as a proxy for real economic integration between economies: (i) large bilateral asymmetries between inward and outward FDI, (ii) the role of special...
Persistent link: https://www.econbiz.de/10011763759
the long term. We illustrate its features by applying it to the LAC5 (Argentina, Brazil, Chile, Colombia and Mexico …
Persistent link: https://www.econbiz.de/10011671097
-income Latin American countries: Argentina, Brazil, Chile, Colombia, Mexico, and Peru. It explores the role played by several … different subnational levels of steady state. For the latter countries and Chile, convergence is also higher after controlling …
Persistent link: https://www.econbiz.de/10014400374
forward a notion of current account sustainability and compares the experience of three Latin American countries-Chile …, Colombia Mexico-and three East Asian countries-Korea, Malaysia and Thailand. It identifies a number of potential sustainability …
Persistent link: https://www.econbiz.de/10014397228
During the past two years Latin America has received sizable international capital inflows. This paper compares the recent experience with that of the late 1970s. The analysis examines differences and similarities between the two episodes in three broad areas: domestic macroeconomic conditions...
Persistent link: https://www.econbiz.de/10014395817
This paper constructs new business cycle indices for Argentina, Brazil, Chile, and Mexico based on common dynamic …
Persistent link: https://www.econbiz.de/10014399996
in absolute terms and as a fraction of real economic activity. Empirical results using data for Mexico, Chile, Argentina …, and Chile, but not for Israel. In addition, for both Chile and Mexico, dummy variables representing periods of inflation …, and Israel support a negative statistically significant relationship between credit and inflation for Mexico, Argentina …
Persistent link: https://www.econbiz.de/10014398434