Klemm, Alexander; Parys, Stefan van - International Monetary Fund (IMF) - 2009
This paper considers two empirical questions about tax incentives: (1) are incentives used as tools of tax competition … and (2) how effective are incentives in attracting investment? To answer these, we prepared a new dataset of tax … incentives in over 40 Latin American, Caribbean and African countries for the period 1985–2004. Using spatial econometrics …