This paper analyzes the impact of countries' tax attractiveness on the allocation of risk within multinational groups. Our dataset contains subsidiaries located in 32 European countries and owned by parents from 90 different countries globally. We show that tax symmetry positively influences the...

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...

We provide in this paper a survey of recent empirical evidence concerning the determinants of location choices by multinational firms for their production affiliates. While the concerns about delocation/offshoring of manufacturing activities have been dominated by the belief that low production...