Showing 1 - 10 of 613
This paper investigates how corporate income taxes affect international trade, and identifies the underlying channel. Using data on 33 NACE sectors, for 34 EU and OECD economies, over the period 2005-2014, we find that corporate income taxes reduce exports and imports only when the stock of...
Persistent link: https://www.econbiz.de/10012792442
Can a temporary negative shock generate long-lasting effects on economic activities? To show causal evidence, we utilize data from Japanese multinational corporations (MNCs) and explore the economic impact of the unexpected escalation of an island dispute between China and Japan in 2012. Our...
Persistent link: https://www.econbiz.de/10011554377
This paper studies the role of business sentiment in the decisions of multinational enterprises (MNEs) to undertake foreign direct investment (FDI) across European Union (EU) member states. Based on the knowledge-capital model, the study employs the Pseudo Poisson Maximum Likelihood (PPML)...
Persistent link: https://www.econbiz.de/10012589358
We contribute to the debate on the impact of unilateral climate policy with a two-country two-firm international oligopoly model accounting for endogenous plant location and heterogeneity in both country size and firm's emissions technology. Our results suggest that, if the carbon price...
Persistent link: https://www.econbiz.de/10010357958
phase. World financial environment had remained depressed since 2008. The actions of the government in the area of taxation … to law further aggravated the taxation environment specially in the area of international taxation. This badly affected … deals with the concerns of the multinationals in the area of taxation environment. Section two deals with the genesis of the …
Persistent link: https://www.econbiz.de/10011489954
The United States is India's largest trade and investment partner and is engaged with India at various levels of economic cooperation. This paper studies the direct and indirect impact of US FDI inflows in India and identifies the challenges faced by US investors. The paper is based on secondary...
Persistent link: https://www.econbiz.de/10010486891
Commencing in the 1990s, India signed a number of bilateral investment treaties (BITs), however, after a spate of adverse investor-state dispute settlements (ISDS), India has recently denounced all its erstwhile investment treaties. New investment treaties now need to be negotiated on the basis...
Persistent link: https://www.econbiz.de/10012229589
Multinational enterprises (MNEs) are increasingly dealing with challenges shaped by the new geopolitical and trade environments. Besides traditional tariffs, exporting firms need to comply with regulatory non-tariff measures (NTMs) in the form of technical barriers to trade (TBTs) and sanitary...
Persistent link: https://www.econbiz.de/10014450560
Intra-firm trade, from parents to affiliates, has been combined with standard models of multinational production (MP) to deliver gravity-style predictions for foreign affiliates' sales. Nonetheless, the evidence shows that intra-firm trade is concentrated among a small set of large multinational...
Persistent link: https://www.econbiz.de/10014480730
This paper provides cross-country firm-level evidence on productivity spillovers from foreign direct investment (FDI), separately for greenfield FDI and crossborder mergers and acquisitions (M&As). The granularity of bilateral sector-level FDI datasets allows for addressing possible endogeneity...
Persistent link: https://www.econbiz.de/10014578072