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enterprises. Spillovers may occur when less advanced, local firms learn from their more ad-vanced, foreign competitors. But less … advanced firms may also actively seek knowledge by investing abroad, so-called "technology sourcing" FDI. The present paper …
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Models of tax competition usually assume a single period framework. This paper sets up a repeated interactions model of tax competition, and establishes conditions under which fiscal policy harmonization can result from repeated interaction between governments. It is shown that fiscal policy...
Persistent link: https://www.econbiz.de/10005479055
The interaction of various methods of mitigating economic and international double taxation of corporate source income … effective in mitigating economic double taxation in a closed economy remain useful in an open economy where the firm's marginal … international double taxation, and the precise design of these methods. …
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Incremental tax credits have been used as a tool in order to stimulate R&D expenditures. This paper studies the dynamic response of firms through a model of investment.
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