Showing 1 - 10 of 2,280
This paper analyzes the tax haven investment behavior of multinational firms from a country that exempts foreign income from taxation. High foreign tax rates generally encourage firms to invest in tax havens, though significant costs of reallocating taxable income dampen these incentives. The...
Persistent link: https://www.econbiz.de/10013117565
difference between the ETRs of multinationals and domestic-only firms. Besides enhancing our knowledge about international taxes …
Persistent link: https://www.econbiz.de/10013129120
Many firms encourage employees to own company stock through share plans that subsidize the price at favorable rates, but even so many employees do not buy shares. Using a new survey of employees in a multinational with a share ownership plan, we find considerable variation in joining among...
Persistent link: https://www.econbiz.de/10013139127
This paper explores the characteristics of 238 patents on 94 "inventions" contributed by major multinational innovators to the "Eco-Patent Commons", which provides royalty-free access to third parties to patented climate change related innovations. By comparing the pledged patents to other...
Persistent link: https://www.econbiz.de/10013114981
We argue that social capital as proxied by regional trust and the Rule of Law can improve aggregate productivity through facilitating greater firm decentralization. We collect original data on the decentralization of investment, hiring, production and sales decisions from Corporate Head Quarters...
Persistent link: https://www.econbiz.de/10013116932
This paper reviews the empirical evidence on firm heterogeneity in international trade. A first wave of empirical … findings from micro data on plants and firms proposed challenges for existing models of international trade and inspired the …
Persistent link: https://www.econbiz.de/10013118121
I survey the influence of Grossman and Hart's (1986) seminal paper in the field of International Trade. I discuss the … implementation of the theory in open-economy environments and its implications for the international organization of production and … the structure of international trade flows. I also review empirical work suggestive of the empirical relevance of the …
Persistent link: https://www.econbiz.de/10013119953
subsidiaries around the world responded to the crisis relative to local establishments. We find that, first, multinational …
Persistent link: https://www.econbiz.de/10013123691
Assessing the productivity gains from multinational production has been a vital topic of economic research. Positive aggregate productivity gains are often attributed to within-firm productivity improvement; however, an alternative, less emphasized explanation is between-firm selection and...
Persistent link: https://www.econbiz.de/10013104061
We revisit the relationship between foreign investment and productivity of acquired firms. First, we construct a panel firm-level dataset for eight advanced European countries covering domestic and foreign acquisitions together with detailed balance sheet information for the years 1999{2012....
Persistent link: https://www.econbiz.de/10013084722