| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP6004 |
| DP6004 Heterogeneity of Preferences, Limited Commitment and Coalitions: Empirical Evidence on the Limits to Risk Sharing in Rural Pakistan | |
| Pierre Dubois | |
| 发表日期 | 2006-12-17 |
| 出版年 | 2006 |
| 语种 | 英语 |
| 摘要 | Intuition suggests that the international distribution of firm ownership ought to affect tax/subsidy competition for mobile plants. One might expect that the greater the share of a firm owned within a potential host country that offers a relatively profitable production location, the more that nation will be prepared to pay to attract the firm's production facility. We show this intuition to be false. In equilibrium, both plant location and the tax/subsidy offers are independent of the international distribution of ownership. The reason is that the tax/subsidy competition equalises the firm's post-tax profits across countries, making owners of capital indifferent towards the location of production. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Tax/subsidy competition Foreign direct investment International distribution of firm ownership |
| URL | https://cepr.org/publications/dp6004 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/534841 |
| 推荐引用方式 GB/T 7714 | Pierre Dubois. DP6004 Heterogeneity of Preferences, Limited Commitment and Coalitions: Empirical Evidence on the Limits to Risk Sharing in Rural Pakistan. 2006. |
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