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This paper examines the relationship between high-skill immigration and multinational activity. I assemble a novel firm … between immigration and MNEs proposed by the model holds in the data. The model is then used to run two counterfactual … exercises. The first, evaluates the implications of a more restrictive immigration policy in the US. I find that MNEs play a …
Persistent link: https://www.econbiz.de/10012850121
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Studies have demonstrated that foreign firms locate where immigrants from their home countries reside and suggested that doing so can improve performance. We argue that, to properly assess how immigrants impact the performance of co-national firms, research must account for heterogeneity in how...
Persistent link: https://www.econbiz.de/10012903017
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In this paper, we test the contribution of foreign management on firms' competitiveness. We use a novel dataset on the careers of 165,084 managers employed by 13,106 companies in the United Kingdom in the period 2009-2017. We find that domestic manufacturing firms become, on average, between 7%...
Persistent link: https://www.econbiz.de/10012845979
This paper analyzes the impact of taxation on the location of patents within multinational groups. Based on groups with parents from 36 countries globally and their patent holdings in 36 European countries, we provide insight into the determinants of three subsequent decisions: (1) the decision...
Persistent link: https://www.econbiz.de/10010511367
In this study, we estimate the impacts of differences in international tax rates on the probability of choosing a location for an affiliate of a multinational firm. In particular, we distinguish between the tax sensitivity of Greenfield and M&A investments. Based on a novel firm-level dataset on...
Persistent link: https://www.econbiz.de/10003974552
This study examines the effects of jurisdictions' corporate taxes and other policies on firms' headquarters (HQ) location decisions. Using changes in state corporate income tax rates across time and states as the setting, we find that a one-percentage-point increase in the HQ state corporate...
Persistent link: https://www.econbiz.de/10012854980
In this study, we estimate the impacts of differences in international tax rates on the probability of choosing a location for an affiliate of a multinational firm. In particular, we distinguish between the tax sensitivity of Greenfield and M&A investments. Based on a novel firm-level dataset on...
Persistent link: https://www.econbiz.de/10013094651
Persistent link: https://www.econbiz.de/10003726061