Showing 1 - 10 of 7,539
The 'pollution haven' hypothesis refers to the possibility that multinational firms, particularly those engaged in … possibility that some features of FDI host countries, such as bureaucratic corruption, may deter inward FDI, but are positively … the effect at the firm level. In addition, environmental standard of the host countries and pollution intensity of the …
Persistent link: https://www.econbiz.de/10012470253
This paper examines unintended effects of air quality regulation on decisions of major polluters, using plant data for 1963 to 1992. A key regulatory tool since 1978 is the annual designation of county air quality attainment status, where non-attainment status triggers specific equipment...
Persistent link: https://www.econbiz.de/10012472654
This paper studies the impact of corruption in a host country on foreign investor's preference for a joint venture … versus a wholly-owned subsidiary. There is a basic trade-off in using local partners. On the one hand, corruption makes local … hand, corruption decreases the effective protection of investor's intangible assets and lowers the probability that …
Persistent link: https://www.econbiz.de/10012470767
This paper reviews arguments and evidence on the impact of globalization on the environment, then presents evidence on production and international trade flows in five heavily polluting industries for 52 countries over the period 1981-98. A new decomposition of revealed comparative advantage...
Persistent link: https://www.econbiz.de/10012468920
survey examines recent work that studies the economic geography of industrial production, per-capita income, pollution and … that together determine the new economic geography of industry and pollution within China …
Persistent link: https://www.econbiz.de/10012459037
We develop a unified framework to trace value added along global supply chains in the presence of foreign direct investment by decomposing either GDP based on forward linkages or final production based on backward linkages. The new framework accounts for the presence of foreign invested...
Persistent link: https://www.econbiz.de/10012660013
This paper examines the implications of the most common system of taxing foreign source income. It is argued that, because the repatriation of earnings to the home country investor and not the earnings themselves are typically the source of tax liability, the foreign source income tax should...
Persistent link: https://www.econbiz.de/10012478429
The structure of a multinational firm, that is how its affiliates relate to one another, is critical for understanding where multinationals locate, how policy affects them, and their resilience to localized shocks. Here, we review the two main structures: horizontal investments which replicate...
Persistent link: https://www.econbiz.de/10012479350
This paper examines how industrial policy - specifically tariff liberalization and tax subsidies - affects the magnitude and direction of FDI spillovers. We examine these spillover effects across the diverse ownership structure of China's manufacturing sector. Using this approach, we control for...
Persistent link: https://www.econbiz.de/10012461890
Models dealing with cross-border acquisitions versus greenfield investment usually assume that the entry of a foreign firm into a market has effects on the outputs of all domestic firms in that market, but exit or entry of local firms is not considered. The purpose of this paper is to re-examine...
Persistent link: https://www.econbiz.de/10012463119