This paper studies non-cooperative tax competition between two countries for an international producer. The international producer chooses where to locate its headquarters and whether to serve the overseas market through exports or foreign direct investment (FDI). We show that, in the absence of...

Since its conception, some within the European Union have expressed concerns over the ability of multinationals to avoid taxation by undertaking transfer pricing to shift profits towards low tax locations. These concerns have been growing, leading to a renewed call for a common consolidated...

In a 2006 article in Demography, Jo AnnaGray Jean Stockard and Joe Stone (GSS i)observe that among black women and white women ages 20 to 39, birth rates increased sharply for unmarried women over the period 1974 to 2000. But they also increased for married women, as well, and yet the total...

We examine competition for foreign direct investment when governments compete in tax incentives along with intellectual property rights (IRPs) protection. Higher IPRs result in a lower probability of the multinational enterprise (MNE) being imitated and thus higher expected profits and tax...