Behrens, Kristian (contributor); … - 2005
Tax competition, location, and horizontal foreign
direct investment∗
Kristian Behrens† Pierre M. Picard‡
December 21 …, 2005
Abstract
We develop a model of capital tax competition in which imperfectly competitive
firms choose both the number …, which shows that the presence of taxable ‘multinational rents’
relaxes tax competition. Second, even when firms are …