investment (FDI). Using a unique dataset which allows us to observe the worldwide activities of a large panel of multinational …, compared with the unrestricted case, in the presence of a typical thin-capitalization rule, the tax-rate sensitivity of FDI is … level of FDI in high-tax countries. Regulations of transfer pricing, however, are not found to exert significant effects on …

Recent empirical studies find that foreign direct investment (FDI) by a multinational firm is not associated with a … analyzes this argument using a model with heterogeneous multinational firms which serve a foreign market through exports or FDI …. If a firm switches from exporting to FDI, domestic activity and tax payments may decrease, stay constant or even rise due …