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Trade Liberalization in a Multinational-Dominated Industry : A Theoretical and Applied General-Equilibrium Analysis

Hunter, Linda C. - 2010

A theoretical model is developed and applied to the North American auto industry, motivated by the possibility of US-Mexico …. Using an applied GE model, we find that (A) the gains to Mexico are significant and the effects on the US and Canada are … North American multinationals determine markups, increased imports from Mexico do not result in a rationalization of US and …

Persistent link: https://www.econbiz.de/10013139985

The Shrinking Advantage of Market Potential

Brülhart, Marius; Desmet, Klaus; Klinke, Gian-Paolo - 2021

How does a country's economic geography evolve along the development path? This paper documents recent employment growth in 18,961 regions in eight of the world's main economies. Overall, market potential is losing importance, and local density is gaining importance, as correlates of local...

Persistent link: https://www.econbiz.de/10013310242

Complementarity and Increasing Returns in Intermediate Inputs : A Theoretical and Applied General-Equilibrium Analysis

López-de-Silanes, Florencio; Markusen, James R.; … - 2021

Conventional analysis in the trade-industrial-organization literature suggests that, when a country has some market power over an imported good, some small level of protection must be welfare improving. This is essentially a terms-of-trade argument that is reinforced if the imported goods are...

Persistent link: https://www.econbiz.de/10013225141

The Automobile Industry and the Mexico-Us Free Trade Agreement

Berry, Steven; López-de-Silanes, Florencio; Grilli, … - 2021

This paper considers the likely effect on the automobile industry of a free trade agreement between the U.S. and Mexico …. As there are currently large restrictions on imports into Mexico, one important outcome of a free trade agreement would …

Persistent link: https://www.econbiz.de/10013229124

Costly Pollution Abatement, Competitiveness, and Plant Location Decisions

Markusen, James R. - 2021

The US-Mexico free-trade debate included some theoretical assertions that were then used as arguments against trade and …

Persistent link: https://www.econbiz.de/10013220935

Taxation and the Location of U.S. Investment Abroad

Frisch, Daniel J.; Hartman, David G. - 2021

Tax policy toward the overseas income of U.S. firms is an important issue since foreign investment accounts for a sizabLe fraction of total investment by U.S. firms. At present there is no consensus on the degree to which U.S. firms respond to tax incentives when making international investment...

Persistent link: https://www.econbiz.de/10013226945

Margins of Multinational Labor Substitution

Muendler, Marc-Andreas; Becker, Sascha O. - 2021

Employment at multinational enterprises (MNEs) responds to wages at the extensive margin, when an MNE enters a foreign location, and at the intensive margin, when an MNE operates existing affiliates. We present an MNE model and conditions for parametric and nonparametric identification. Prior...

Persistent link: https://www.econbiz.de/10013227778

Chains of Ownership, Regional Tax Competition, and Foreign Direct Investment

Desai, Mihir A.; Foley, C. Fritz; Hines, James R. - 2021

This paper considers the effect of taxation on the location of foreign direct investment (FDI) and taxable income reported by multinational firms with particular attention to the regional dynamics of tax competition and the role of chains of ownership. Confidential affiliate-level data are used...

Persistent link: https://www.econbiz.de/10013239947

The Impact of Headquarter and Subsidiary Locations on Multinationals' Effective Tax Rates

Markle, Kevin - 2013

We examine effective tax rates (ETRs) for 9,022 multinationals from 87 countries from 2006 to 2011. We find that, despite extensive investments in international tax avoidance, multinationals headquartered in Japan, the U.S., and some high-tax European countries continue to face substantially...

Persistent link: https://www.econbiz.de/10013073195

Transportation/Communication Considerations in the Location of Headquarters for Multi-Establishment Manufacturing Firms

Lavey, Warren G. - 2021

Usually transportation/communication (t/c) considerations appear as only two in a long list of factors which determine headquarters location patterns. The research reported here singles out t/c considerations as the logical basis for headquarters location decisions. We ask: to what degree do...

Persistent link: https://www.econbiz.de/10013246080