Narrow search
Showing 1 - 10 of 1,212
Cover Image
The Ineffectiveness of Effective Tax Rates on Business Investment
Chirinko, Robert S. - 1985
In his Fisher-Schultz Lecture, Martin Feldstein examined the effects of non-neutral tax rules on business investment by estimating three econometric models, and he concluded that "the rising rate of inflation has, because of the structure of existing U.S. tax rules, substantially discouraged...
Persistent link: https://www.econbiz.de/10012477376
Cover Image
Foreign Owners and Plant Survival
Bernard, Andrew B. - 2003
In recent years, international capital flows of all types have increased dramatically and most governments have been actively encouraging inflows of direct investment. However, concerns remain that reliance on foreign multinationals may be a risky development strategy as foreign firms are likely...
Persistent link: https://www.econbiz.de/10012468657
Cover Image
Chains of Ownership, Regional Tax Competition, and Foreign Direct Investment
Desai, Mihir A. - 2002
This paper considers the effect of taxation on the location of foreign direct investment (FDI) and taxable income …-owned foreign affiliates across ownership forms and regions. Ten percent higher tax rates are associated with 5.0 percent lower FDI … parent company and level of FDI. Tax effects are particularly strong within Europe, where ten percent higher tax rates are …
Persistent link: https://www.econbiz.de/10012469485
Cover Image
Outward FDI and Parent Exports and Employment : Japan, the United States, and Sweden
Lipsey, Robert E. - 2000
Within Japanese multinational firms, parent exports from Japan to a foreign region are positively related to production in that region by affiliates of that parent, given the parent's home production in Japan and the region's size and income level. This relationship is similar to that found for...
Persistent link: https://www.econbiz.de/10012471148
Cover Image
Endogenous Market Structure and Foreign Market Entry
Markusen, James R. - 2009
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
Cover Image
Technology Capital and the U.S. Current Account
McGrattan, Ellen R. - 2008
(FDI). Plant-specific intangible capital in foreign subsidiaries is expensed abroad, lowering current profits on FDI and … increasing future profits. We develop a multicountry general equilibrium model with an essential role for FDI and apply the BEA …
Persistent link: https://www.econbiz.de/10012464663
Cover Image
Please Pass the Catch-up The Relative Performance of Chinese and Foreign Firms in Chinese Exports
Blonigen, Bruce - 2007
Foreign-invested enterprises (FIEs) account for well over half of all Chinese exports and this share continues to grow. While the substantial presence of FIEs has contributed greatly to the recent export-led growth of China, an important objective of the Chinese government is to ultimately...
Persistent link: https://www.econbiz.de/10012465274
Cover Image
Returns on FDI : Does the U.S. Really Do Better?
Bosworth, Barry - 2007
According to the U.S. external accounts, U.S. investors earn a significantly higher rate of return on their foreign … explanations for the apparent differential between the rates of return. In particular, almost the entire difference occurs in FDI …
Persistent link: https://www.econbiz.de/10012465337
Cover Image
Defining and Measuring the Location of FDI Output
Lipsey, Robert E. - 2007
The standard measures of flows and stocks of FDI view FDI as a financial flow and its accumulation as a stock, but most … uses of FDI data require measures of employment, payrolls, capital inputs, and output from FDI. Judging by data for the … United States, the flow and stock data provide rough approximations to country distributions of FDI sources and destinations …
Persistent link: https://www.econbiz.de/10012465659
Cover Image
Teaching Locals New Tricks : Foreign Experts as a Channel of Knowledge Transfers
Markusen, James R. - 2007
Gains from productivity and knowledge transmission arising from the presence of foreign firms have received a good deal of empirical attention, but theoretical micro-foundations for this mechanism are limited. Here we develop a dynamic model in which foreign experts may train domestic workers...
Persistent link: https://www.econbiz.de/10012465784