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Title: The heterogenous impact of taxation on FDI: A note on Djankov et al. (2010)
Author: Esteller Moré, Alejandro
Rizzo, Leonzio
Secomandi, Riccardo
Keywords: Impostos sobre societats
Gestió de cartera
Inversions estrangeres
Països de l'Organització de Cooperació i Desenvolupament Econòmic
Corporate taxes
Portfolio management
Foreign investments
OECD countries
Issue Date: Jan-2020
Publisher: Elsevier B.V.
Abstract: Taxes in the host country matter a lot for FDI inflows, but only for non-OECD countries. Taking advantage of the rich dataset constructed by Djankov et al. (2010), we show, for example, that raising the first-year effective corporate income tax rate by 10 pp reduces FDI inflows by 3.4 to 1.9 pp in non-OECD countries; and the effect is null for OECD countries. Not taking this heterogeneity into account upward (downward) biases the estimated impact of the corporate tax on FDI inflows for OECD (non-OECD) countries.
Note: Versió postprint del document publicat a:
It is part of: Economics Letters, 2020, vol. 186, num. 108775, p. 01-05
Related resource:
ISSN: 0165-1765
Appears in Collections:Articles publicats en revistes (Economia)

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