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there investment behavior is greatly influenced by the state, through the fiscal policy, especially through a very important …
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In the second half of the twentieth century, the emergence of scores of new states has made international politics and economics truly global for the first time in history. At the same time, technology has made it possible for nearly every country to participate in events in every part of the...
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cross-border investment. Spillovers from statutory tax rates abroad seem: As sizable as effects from the host's rate; larger … shifting through real investment (rather than 'paper' profit shifting). Contrary to much policy discussion, the results also … imply that: Host countries' marginal effective tax rates have at best a weak effect on real investment; those elsewhere have …
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