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Based on a data set for 19 OECD countries for the period 1981-2001, we estimate the impact of FDI on corporate tax rates, where changes in FDI are a measure for changes in capital mobility. So far the literature has been concerned with the related but rather different question as to the...
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The multinational firm and its main vehicle, foreign direct investment, are key forces in economic globalization. Their importance to the world economy can be seen in the fact that since 1990 foreign direct investment has grown more rapidly than the world GDP and world trade. Despite this, the...
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