ownership and capital demand adjustment in host countries. The author estimates a dynamic structural model of investment on a …

of foreign direct investment: only the more productive firms choose to serve the foreign markets, and the most productive …

or foreign direct investment: only the more productive firms choose to serve the foreign markets, and the most productive … direct investment ; productivity ; heterogeneous firms ; stochastic dominance …

This paper studies the effect of foreign direct investment (FDI) on the transmission of international business cycles … synchronized investment cycles. I also find that the relation between FDI integration and synchronization of gross domestic product … unambiguously increases investment synchronization while the effect on GDP synchronization is ambivalent. Due to mismeasurement of …

-tax country induces bunching. Such bunching promotes investment incentives in the low-tax as well as the high-tax country. In … equilibrium, affiliates might over-invest and the bunching-related investment effects generate a tendency for too high profit … investment incentives and transfer pricing induces inefficiently low taxes …

Capital income tax policy affects investment by the parent and affiliates of multinational corporations (MNCs). In a … model in which technical advances are embodied in new capital, investment will translate directly into productivity gains … production function parameter estimates. These estimates are used to analyze the sources of MNC's growth. Three findings stand …