Foreign Direct Investment, Competition and Industry Performance
نویسندگان
چکیده
منابع مشابه
Foreign Direct Investment, Competition and Industry Performance
This paper investigates the productivity effects of inward and outward foreign direct investment using industry and country level data for 17 OECD countries over the period 1973 to 2001. Controlling for national and international knowledge spillovers we argue that effects of FDI work through direct compositional effects as well as changing competition in the host country. Our results show that ...
متن کاملIntra-Industry Foreign Direct Investment
We use a new firm level data set which establishes the location, ownership, and activity of 650,000 multinational subsidiaries—close to a comprehensive picture of global multinational activity—. A number of patterns emerge from the data. Most foreign direct investment (FDI) occurs between rich countries. The share of vertical FDI (subsidiaries which provide inputs to their parent firms) is larg...
متن کاملCompetition in Taxes and Performance Requirements for Foreign Direct Investment
Tax incentives offered to attract firms engaged in foreign direct investment are often tied to performance requirements such as domestic content restrictions. The tax competition literature has repeatedly shown that competition between municipalities for mobile firms tends to drive taxes to low levels. One would expect a comparable result for burdensome performance requirements. Despite this, t...
متن کاملForeign Direct Investment and Competition Policy
Background A synergy exists between investment liberalisation and the effective application of competition policy. An effective competition policy does not only remove obstacles to entry, but can also facilitate foreign investment flows by providing a predictable legal and regulatory environment that reduces the scope of arbitrary decision-making. Regulation of the business practices of investo...
متن کاملTax Rate and Tax Base Competition for Foreign Direct Investment
This paper argues that the large reduction in corporate tax rates and only gradual widening of tax bases in many countries over the last decades are consistent with tougher international competition for foreign direct investment (FDI). To make this point we develop a model in which governments compete for FDI using corporate tax rates and tax bases. The model’s predictions regarding the slope o...
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ژورنال
عنوان ژورنال: World Economy
سال: 2009
ISSN: 0378-5920,1467-9701
DOI: 10.1111/j.1467-9701.2008.01152.x