Neither of the major negotiations underway in the Asia-Pacific region, the Regional Comprehensive Economic Partnership and the Trans-Pacific Partnership, includes both China and the United States. By failing to connect these economies, these agreements would leave much of the economic and...

These are Chapters One and Three of U.S. International Investment Agreements, published by Oxford University Press in 2009. The book presents a comprehensive analysis of the first 30 years of the current U.S. investment treaty program, including both bilateral investment treaties (BITs) and free...

This Written Statement presents aspects in China's corporate governance framework, state corporate ownership and control, and the Chinese Communist Party's roles in corporate governance. It was submitted as part of a testimony before the U.S.-China Economic and Security Review Commission,...

This paper analyzes the tax haven investment behavior of multinational firms from a country that exempts foreign income from taxation. High foreign tax rates generally encourage firms to invest in tax havens, though significant costs of reallocating taxable income dampen these incentives. The...

Foreign direct investment (FDI) in services has grown significantly in recent years. Evidence of spatial relationships in FDI decisions have been provided for goods manufacturing by utilizing physical distance-based measures of trade costs. This paper investigates spatial interactions for...

This paper analyzes the tax haven investment behavior of multinational firms from a country that exempts foreign income from taxation. High foreign tax rates generally encourage firms to invest in tax havens, though significant costs of reallocating taxable income dampen these incentives. The...

Interest in the effects of globalized production on national economies has been heightened in recent years by the rapid growth in direct investment. Research in this area is, however, often limited by the scarcity of relevant data. Even when relevant data exist, comparison of the data across...

We document a robust relation between corporate tax differentials and US international financial integration (IFI). While this is the case for traditional IFI based on cross-border positions, the positive link also emerges for its larger consolidated-by-nationality version. The gap between these...

With much fanfare, the United States and China have recently begun negotiating a high level Bilateral Investment Trade (BIT) that is intended to significantly increase reciprocal flows of capital investment in both countries. This capital can be used in invest in or acquire existing companies in...