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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...
Persistent link: https://www.econbiz.de/10010511365
This paper analyzes the impact of taxation on the location of patents within multinational groups. Based on groups with … of royalties, R&D incentives, and transfer pricing rules help to explain the patent-location choices of multinationals. …
Persistent link: https://www.econbiz.de/10010511367
investment (FDI) location is an important regional policy issue as FDI is supposed to improve the labour market conditions of the …This paper analyses the location choice of German investors in the Czech Republic based on a unique dataset covering … the location choice decision is investigated. The main result of the paper is that apart from a low distance to the …
Persistent link: https://www.econbiz.de/10011289954
) to investigate the policy's causal effect on outbound foreign direct investment (FDI) decisions of German multinational … credibility of the widespread threat of industrial relocation through FDI by EU ETS regulated firms. Specifically, our baseline … their FDI activity outside the EU compared to a counterfactual scenario. Paradoxically, relocating firms neither operate in …
Persistent link: https://www.econbiz.de/10012979457
M&A investments. Based on a novel firm-level dataset on German outbound FDI, we find evidence that location decisions of … location for an affiliate of a multinational firm. In particular, we distinguish between the tax sensitivity of Greenfield and … M&A investments are less sensitive to differences in tax rates than location decisions of Greenfield investments …
Persistent link: https://www.econbiz.de/10013094651
This article explores the extent to which the regional higher education system (HES) influences the location of foreign … research and development (R&D). To do so, we use a dataset with information on the location choices of new foreign R … by the quality of its scientific research, while its research training capacity and knowledge transfer activities do not …
Persistent link: https://www.econbiz.de/10014500909
This study examines the effect of foreign direct investment (FDI) on local firms' productivity via human capital … due to the Republic of Korea's visa regulations. We find that the industry and regional FDI positively affect local firms …' productivity, particularly firms with higher growth in hiring skilled foreign employees. This human capital spillover from FDI is …
Persistent link: https://www.econbiz.de/10013256491
Persistent link: https://www.econbiz.de/10003887932
estimation of production functions together with information on prices and quantities to estimate physical productivity, markups …
Persistent link: https://www.econbiz.de/10011548253
This paper focuses on the role of classifying types of foreign direct investment (FDI) for analyzing the determinants … investment (VFDI) and horizontal foreign direct investment (HFDI). Apart from data for conventional approaches to classify FDI … to companies without investment abroad. The results for the direct measures of FDI types confirm theoretical expectations …
Persistent link: https://www.econbiz.de/10012265846