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The Central- and East European Countries have lowered their corporate tax rates substantially in order to induce shifts of production capacity to their countries. This paper analyses empirically how inward Foreign Direct Investment (FDI) flows channeled to these countries reacts to these tax...
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Recent literature on international trade has established that the most productive firms become multinationals. But our data reveal a startling variation in productivity levels of foreign affiliates across the countries in Eastern Europe of the same European multinational parent firms suggesting...
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In this paper we document Canada's trade policy response to late-nineteenth- and earlytwentieth-century globalization …
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innovativeness and consequently competitiveness and profitability. Such business ventures, however, might be associated with huge … international R&D activities boost profitability. We employ a large data set of about 1300 firms from the German Community … Innovation Survey (CIS). The empirical results demonstrate that R&D location matters for profitability. Firms with both domestic …
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