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Hines, James R, Jr - 2004

thereby stimulate economic activity. Major tax havens have less than one percent of the world's population (outside the United … States), and 2.3 percent of world GDP, but host 5.7 percent of the foreign employment and 8.4 percent of foreign property ….3 percent between 1982 and 1999, which compares favorably to the world average of 1.4 percent. Tax haven governments appear to …

Persistent link: https://www.econbiz.de/10012467751

Capital Controls, Liberalizations, and Foreign Direct Investement

Desai, Mihir A. - 2004

Affiliate-level evidence indicates that American multinational firms circumvent capital controls by adjusting their reported intrafirm trade, affiliate profitability, and dividend repatriations. As a result, the reported profit impact of local capital controls is comparable to the effect of 24...

Persistent link: https://www.econbiz.de/10012468355

Scale and Scope Economies in the Global Advertising and Marketing Services Business

Silk, Alvin J. - 2003

We assess size and scope-related economies in the global advertising and marketing services business. A translog cost function is employed wherein a firm's costs vary according to its scale and two dimensions of the scope of its operations. Parameters of the model are estimated via three stage...

Persistent link: https://www.econbiz.de/10012468732

Vertical Production Networks in Multinational Firms

Hanson, Gordon H. - 2003

In recent decades, growth of overall world trade has been driven in large part by the rapid growth of trade in …

Persistent link: https://www.econbiz.de/10012468975

Migration, Spillovers,and Trade Diversion : The Impact of Internationalization on Stock Market Liquidity

Levine, Ross - 2003

What is the impact of firms that cross-list, issue depositary receipts, or raise capital in international stock markets on the liquidity of remaining firms in domestic markets? Using a panel of over 3,200 firms from 55 countries during 1989-2000, we find that internationalization reduces the...

Persistent link: https://www.econbiz.de/10012469086

Multinational Enterprises, International Trade, and Productivity Growth : Firm-Level Evidence from the United States

Keller, Wolfgang - 2003

We estimate international technology spillovers to U.S. manufacturing firms via imports and foreign direct investment (FDI) between the years of 1987 and 1996. In contrast to earlier work, our results suggest that FDI leads to significant productivity gains for domestic firms. The size of FDI...

Persistent link: https://www.econbiz.de/10012469199

Host-Country Financial Development and Multinational Activity

Bilir, Kamran - 2014

This paper evaluates the influence of host-country financial development on the global operations of multinational firms. Using detailed U.S. data, we provide evidence that host-country financial development increases entry by multinational affiliates, while also decreasing affiliate sales in...

Persistent link: https://www.econbiz.de/10012458618

Scale, Scope, and the International Expansion Strategies of Multiproduct Firms

Yeaple, Stephen Ross - 2013

A growing literature seeks to understand how the characteristics of firms shape the manner in which they serve foreign markets. We consider an environment in which multiproduct firms can sell their products in multiple countries from multiple locations. We show that there are strong empirical...

Persistent link: https://www.econbiz.de/10012459495

Innovation and Production in the Global Economy

Arkolakis, Costas - 2013

of China into the world economy may hurt countries that are driven to specialize in production due to HMEs, although …

Persistent link: https://www.econbiz.de/10012459690

The Use of Tax Havens in Exemption Regimes

Gumpert, Anna - 2011

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/10012461013