Showing 1 - 10 of 182
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
Luxembourg receives ample investment from multinational corporations, in part due to some attractive features in its international tax rules. Around 95 percent of these foreign investments pass through Luxembourg via companies performing holding and/or intra-group financing activities. While...
Persistent link: https://www.econbiz.de/10012392656
Unilateral adoption of transfer pricing regulations may have a negative impact on real investment by multinational … following the introduction of transfer pricing regulations. There is no significant reduction in total investment by the MNC … pricing regulations corresponds to an increase in the ``TPR-adjusted'' corporate tax rate by almost one quarter …
Persistent link: https://www.econbiz.de/10012252761
Over the last decade China's investment in Latin America and the Caribbean (LAC) has increased substantially in volume and become more diversified from natural resources to other industries. Using cross-border mergers and acquisitions data, we demonstrate that since mid-2010s China's overseas...
Persistent link: https://www.econbiz.de/10012612332
This study examines the socio-economic impact of special economic zones (SEZs) in Cambodia---a prominent place-based policy established in 2005. The paper employs a database on existing and future SEZs in Cambodia with matched household surveys at the district level and documents stylized facts...
Persistent link: https://www.econbiz.de/10012301938
The pervasive use of tax incentives is costly for the Caribbean countries, yet the benefits seem limited. Better policy coordination at the regional level is needed to help overcome the collective action problems and generate more revenue to support the much-needed infrastructure investment....
Persistent link: https://www.econbiz.de/10012301961
In this paper, we investigate whether a firm's composition of foreign liabilities matters for their resilience during economic turmoil and examine which characteristics determine a firm's foreign capital structure. Using firm-level data, we corroborate previous findings from the (international)...
Persistent link: https://www.econbiz.de/10013170253
Persistent link: https://www.econbiz.de/10012487235
. Both results have important implications for macroprudential policies and financial regulations …
Persistent link: https://www.econbiz.de/10012021789
in product and labor market regulations for long-term growth and for the adjustment to shocks. We show that with … product and labor market regulations. Less regulated economies are likely to have higher trend growth and recover faster from …
Persistent link: https://www.econbiz.de/10012022074