Altshuler, Rosanne; Grubert, Harry; Newlon, Timothy Scott - 1997 - This draft: December 18, 1997
We use data from the U.S. Treasury corporate tax files for 1984 and 1992 to address two related questions concerning … the investment decisions of U.S. multinational corporations. First, how sensitive are investment location decisions to tax … host country tax rates? We regress a measure of the real capital held in the manufacturing affiliates of U.S. manufacturing …