twofold importance of headquarters for their affiliates into a know-how and a capital serving part (FDI). Multinationals trade …The overwhelming importance of multinational activities as well as the coexistence of exporters and multinationals … sales and FDI, on the other. We find that the effects are not uniform for multinational sales and FDI. Hence, one shuld be …

multinationals can shift their profits explain the absence of FDI agreements? In this paper I develop a model in which governments … demonstrate that the possibility for multinationals to repatriate their profits is a determinant of FDI restrictions. An agreement …Tariffs have almost completely disappeared but various restrictions on foreign entry remain for multinationals. Many …

threshold. We identify the conditions under which binding CFC rules are part of the optimal tax mix when governments can set the …