We use a unique exogenous corporate tax policy change in the Republic of Ireland to investigate how corporate taxation affects foreign direct investment at the extensive and intensive margin. To this end we construct exhaustive sectoral and plant level panel data and use...

We investigate the financial implications of a multinational firm’s choice between outsourcing and integration from the perspective of the supplier. Using a simple model, we explore the extent to which an integrated supplier’s access to finance, as well as its sources of funding, change...

Globalization is a stage in the general process of political, economical and cultural development of mankind. A few decades ago, Marshall McLuhan spoke about “the world wide village”, synthesizing with this expression the essence of the phenomenon; he also mentioned the nowadays technology...

This paper`s target is to point the role of political risk in international affairs. Despite the fact that now we live in a globalized world the reality shows that national borders still matters. In this context, multinational companies face a lot broader types of risk when they invest abroad....

The countries in transition need FDI not just to produce more goods and a higher quality. Foreign capital investments are the most efficient and safe way to integrate into the world economy. Further, we shall examine some structural changes, which had been made, under the influence of FDI, in...

Die Globalisierung ist eine zentrale Herausforderung für Industrieländer wie Deutschland, und multinationale Unternehmen sind ihre wichtigsten Treiber. In diesem Beitrag wird die Internationalisierung der deutschen Industrieunternehmen ab 1995 untersucht und mit der in Unternehmen aus den USA,...

Germany has profited from the internationalization of research and development (R&D) in multinational companies. While the international R&D balance sheet was balanced until 2001, foreign companies now invest more in R&D in Germany than German companies abroad. The share of R&D expenditures of...

This paper examines the effect of the presence of multinational companies on plant survival in the host country. We postulate that multinational companies can impact positively on plant survival through technology spillovers. We study the nature of the effect of multinationals using a Cox...

This paper investigates the link between nationality of ownership and wage elasticities of labour demand at the level of the plant. In particular, we examine whether labour demand in multinationals becomes less elastic with respect to the wage if the plant has backward linkages with the local...

This paper analyses the effects of introducing a common EU tax base with formula apportionment on the size of the EU wide tax base and on the distribution of the tax base between the EU member countries. We use a combined dataset of Deutsche Bundesbank's Foreign Direct Investment data (MiDi) and...