Estimating the Rivalness of State-Level Inward FDI
نویسندگان
چکیده
We develop a method for estimating the rivalness of tax bases using the structures of the conditional logit, Poisson and nested logit models. As an illustration, we apply this method to estimate the e↵ect of state-level capital taxation on U.S. inward foreign direct investment. The assumption of perfect non-rivalenss can in some cases be rejected, but the assumption of perfect rivalness cannot. Competition over FDI across U.S. states could well be a zero-sum game.
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