Ahn, Sukwhan; Soo Kan, In - In: Journal of Economic Integration 12 (1997), pp. 242-258
This paper examines the economic rationales and conditions for the emer - gence of multinational enterprises (MNEs). Promoting production efficiency is not sufficient to justify the emergence of an MNE. With taxes in the model, tax authorities heavily tax an MNE’s economic activities, in which...