The Doha declaration on trade and environment proposed to clarify the relationship between multilateral environmental agreement (MEA) trade obligations and WTO rules by only guaranteeing economic integration upon ratification of certain MEAs. In other words, it pushed to authorize the use of...

Using a large international firm-level data set, we estimate separate effects of host and parent country taxation on the location decisions of multinational firms. Both types of taxation are estimated to have a negative impact on the location of new foreign subsidiaries. In fact, the impact of...

Due to globalization competitive firms face increasing economic opportunities for locating their activities in countries, regions and cities that provide the best business environment for their specific needs. In our study we focus on the impact of economic risk and risk preferences upon...

In this paper, we study the impact of a French enterprise zones program -- the "Zones Franches Urbaines'" (ZFUs) policy -- on establishment location decisions. Our empirical analysis is based on a micro-geographic dataset that provides exhaustive information on the location of establishments in...

The purpose of the paper is to outline an analytical framework which captures the ample scope of locational competition: cost differences, resulting from differences in factor prices including taxes, human capital, infrastructure services and total factor productivity. If cost differences are...

This report focuses on investment in eight EU Member States and their lagging regions. Additionally, the analysis assesses the regional development strategies of the eight Member States and evaluates the main investment needs and complementary alternative support options of the lagging regions...

We develop a 2×2×2 model with the following features: (1) one sector is perfectly competitive while the other is oligopolistic; (2) one country has unemployment while the other attains full employment; (3) oligopolists move internationally; and (4) the ownership of each oligopolist is...

This paper analyzes the causal effect of investment incentives on regional allocation of foreign direct investment (FDI) in the Czech Republic during 2001-2007. Investment incentives institutional setup provided foreign investors with financial incentives depending on the particular district...

This paper examines the law and policy nexus in the context of overseas investment law, primarily in New Zealand. It examines the difficulties of balancing the need for overseas investment-especially in land and business assets-against the need to protect a country's interests and in doing so...

Foreign direct investment (FDI) is of great significance to the economic development of developing countries; it infuses capital into enterprises, while propeling both technological advancement and economic efficiency. We examine whether zombie enterprises crowd out FDI inflows and whether the...