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and Poland that with the new international division of labour emerging in Europe Austria, the high income country, is … specializing in the low skill intensive part of the value chain and Poland, the low income country, is specializing in the high … skill part. As a result, skilled workers in Austria are losing from outsourcing, while gaining in Poland. In Austria …
Persistent link: https://www.econbiz.de/10012783602
pushing a subset of European countries into hyperinflation shortly after the end of the war. Germany, Austria, Poland, and …
Persistent link: https://www.econbiz.de/10012915083
Unconventional fiscal policies incentivize households to accelerate consumption by generating future consumer price ination, and offer an alternative to unconventional monetary policy (Correia et al. (2013)). We use a natural experiment to study the causal effect of unconventional fiscal...
Persistent link: https://www.econbiz.de/10012995195
Central and Eastern European countries (CEECs), specifically the Czech Republic, Hungary, and Poland, and both the UK and …
Persistent link: https://www.econbiz.de/10013095004
the effectiveness of such policies using changes in value-added tax (VAT) and household survey data for Poland. We find …
Persistent link: https://www.econbiz.de/10013315437
This paper models a multilateral agreement on investment (MAI) as a coordination device. Multinational enterprises can invest in any number of countries. Without a multilateral investment agreement, expropriation triggers an investment stop by the single MNE. Under a multilateral agreement,...
Persistent link: https://www.econbiz.de/10012754890
The objective of this paper is to examine the impact of crime on FDI inflows in 103 Italian provinces. The incidence of criminality is measured through the number of complaints for different kinds of crime. The analysis has been conducted using different estimation methods for panel data. The...
Persistent link: https://www.econbiz.de/10012756493
In this paper, we analyse the role of mobility in tax and subsidy competition. Our primary result is that increasing 'relocation' mobility of firms leads to increasing 'net' tax revenues under fairly weak conditions. While enhanced relocation mobility intensifies tax competition, it weakens...
Persistent link: https://www.econbiz.de/10012764805
Despite the continuing political interest in the usefulness of tax competition and tax coordination as well as the wealth of theoretical analyses, it still remains open whether or when tax competition is harmful. Moreover, the influence of tax differentials on multinationals' decisions is still...
Persistent link: https://www.econbiz.de/10012764967
Cross-country regressions suggest that urbanization and FDI are important drivers of growth. However, it is not clear that primacy eventually hurts growth performance. Since it is tough to interpret cross-country growth regressions, we provide detailed evidence on the determinants of outward FDI...
Persistent link: https://www.econbiz.de/10012751105