Towards the end of 1997, a financial and currency crisis erupted in the Far East. But once current problems have been overcome, the affected countries can be expected to enjoy a brisk upswing. A WIFO survey, made at the height of the crisis, found that 62 percent of the responding companies felt...

A dynamic panel data approach was applied in order to evaluate the impact of EU accession of selected Central and Eastern European countries on their bilateral economic relations in terms of trade and FDI with the EU member states. Assuming the accession for 2005 and taking projections for the...

This paper computes (marginal and average) forward-looking effective tax rates for a sample of more than 550,000 firms in and outside of Europe using Bureau van Dijk's ORBIS data-base. Comparing the firm-level effective tax rates with their country-level counterparts we arrive at two important...

This paper computes effective (marginal and average) tax rates that account for bilateral aspects of taxation and, therefore, vary across country-pairs and years. These tax rates serve to estimate the impact of corporate taxation on outbound stocks of bilateral foreign direct investment (FDI)...