Tax competition and spillover models offer ambiguous predictions of tax haven impacts on non-tax havens. The implications of tax havens for less developed countries (LDCs), in particular, are not well understood and are little studied. This paper investigates the impact of tax havens on foreign...

That tax haven policies contribute to favorable economic growth in tax haven countries is widely accepted in international policy dialogues. There is, however, minimal empirical evidence to substantiate this assertion. Empirical investigations are hampered by the likely endogeneity of tax haven...

We investigate competition between tax havens and how this competition is related to geographic distribution. We study the extent to which proximity to the nearest tax haven affects foreign direct investment and the number of American affiliates in a tax haven. Empirical results show that...

Many state legislatures grant local governments the authority to enact sales taxes on retail sales transactions that occur within local jurisdictions. Local government reliance on these local option sales tax (LOST) revenues is increasing. In many states, including Oklahoma, municipal...

This issue of the Hispanic Economic Outlook includes three articles: Hispanic Economic Employment Conditions by Marie Mora, Hispanic homeowners and worries about housing by Mark Hugo Lopez, the current state of workers' remittances by Isabel Ruiz and Carlos Vargas

In a simultaneous model of human and physical capital accumulation for 18 Latin American countries from 1975 to 2004, we show that overall resource dependence is not significantly related to physical and human capital. Disaggregating the natural resource variable into subcategories, we find that...

We describe expansion patterns by U.S. companies in Latin America and the Caribbean (LAC) between 1980 and 2005 using a unique sample that utilizes country, industry and time-series information on firms’ investments. We build on previous research to explore the effect of experience on firms’...