This paper investigates the tax responsiveness of multinational firms' investment decisions in foreign countries, distinguishing firms that are able to avoid taxes (avoiders) from those that are not (non-avoiders). From a theoretical point of view, the tax responsiveness of firms crucially...

In 1973 the Department of Trade and Industry has published a commissioned study of the effects on Britain of the inward flow of foreign direct investment. The present article summarizes some of the conclusions of this report, but is not meant to be a review of it, as it is written by its...