I analyze how partisan conflict about trade policy affects foreign direct investment flows to the US using a novel …

This paper studies how innovation reacts to foreign political risk and shapes its economic consequences. In a model … with foreign political shocks that can disrupt the supply of foreign inputs, we show that greater political risk abroad …-level technology development with time-varying measures of industry-level exposure to foreign political risk and report three sets of …

We estimate and attempt to explain the evolution of the taxes paid by U.S. multinationals on their foreign profits … after-tax returns. Foreign taxes fell abruptly after the first Gulf War. In sectors other than oil, the effective foreign … havens. The low foreign taxes paid by U.S. multinationals can explain half of the U.S. cross-border return differential …

The U.S. Bureau of Economic Analysis (BEA) estimates the return on investments of foreign subsidiaries of U ….S. multinational companies over the period 1982--2006 averaged 9.4 percent annually after taxes; U.S. subsidiaries of foreign … foreign and domestic locations. Used abroad, it generates profits for foreign subsidiaries with no foreign direct investment …

Japanese firms that were acquired by foreign firms improves after the acquisition. In our previous study for the Japanese …) and profit rates than M&As by domestic firms. However, it may argued that firms acquired by foreign firms showed better … performance simply because foreign investors acquired more promising Japanese firms than Japanese investors did. In order to …

savings available for capital investment. Foreign investment affects the national economy through both asset markets and … the land-labor ratio attracts foreign investment, while a drop in the world interest rate raises the welfare of a capital …

The examination of foreign takeovers is a way of distinguishing between the characteristics of f inns and industries …