Azemar, Celine; Desbordes, Rodolphe - Scottish Institute for Research in Economics (SIRE) - 2009
This paper empirically investigates the effectiveness and feasibility of two FDI policies, fiscal incentives and deregulation, aimed at improving the attractiveness of a country in the short run. Using disaggregated data on sales by US MNEs’ foreign affiliates in 43 developed and developing...