Matches in SemOpenAlex for { <https://semopenalex.org/work/W3121163691> ?p ?o ?g. }
Showing items 1 to 69 of
69
with 100 items per page.
- W3121163691 abstract "Bilateral international tax treaties govern the host country taxation for the vast majority of the world’s foreign direct investment (FDI). Of particular interest is the fact that the tax rates used under these treaties are gradually falling although the treaties themselves do not specify any such reductions. Since there is no outside governing agency to redress treaty violations, such reductions must be both mutually beneficial and self-enforcing. Furthermore, the optimal tax rates must be less than those initially set, otherwise no reductions would be necessary. To explain such behavior, we model a two-country setting with two-way capital flows. In particular, only part of FDI is immediately reversible. As the extent of irreversibility increases, the likelihood of Pareto optimal tax rates obtaining as a self-enforcing outcome in the initial period is reduced. More modest tax reductions, from the non-treaty levels, are still possible. These limited tax reductions generate an increase in bilateral FDI. As countries increase the stock of capital in one another, further reductions in taxes become self-enforcing. Depending on the extent of irreversibility and asymmetry, Pareto optimal tax rates may be obtainable in the long run. Thus, the amount of inbound investment a country can attract may be related to the commitment to which its outbound investment binds it. This final insight provides an additional rationale for the observed pattern of capital flows in which those countries with the greatest outbound capital flows are also those with the highest inbound flows." @default.
- W3121163691 created "2021-02-01" @default.
- W3121163691 creator A5017733145 @default.
- W3121163691 creator A5056520021 @default.
- W3121163691 date "2010-08-01" @default.
- W3121163691 modified "2023-09-27" @default.
- W3121163691 title "Gradualism in Tax Treaties with Irreversible Foreign Direct Investment" @default.
- W3121163691 hasPublicationYear "2010" @default.
- W3121163691 type Work @default.
- W3121163691 sameAs 3121163691 @default.
- W3121163691 citedByCount "0" @default.
- W3121163691 crossrefType "posted-content" @default.
- W3121163691 hasAuthorship W3121163691A5017733145 @default.
- W3121163691 hasAuthorship W3121163691A5056520021 @default.
- W3121163691 hasConcept C100001284 @default.
- W3121163691 hasConcept C113216237 @default.
- W3121163691 hasConcept C124952713 @default.
- W3121163691 hasConcept C139719470 @default.
- W3121163691 hasConcept C142362112 @default.
- W3121163691 hasConcept C162324750 @default.
- W3121163691 hasConcept C18547055 @default.
- W3121163691 hasConcept C2776462828 @default.
- W3121163691 hasConcept C2776515129 @default.
- W3121163691 hasConcept C33842695 @default.
- W3121163691 hasConcept C34447519 @default.
- W3121163691 hasConcept C51303962 @default.
- W3121163691 hasConcept C551662922 @default.
- W3121163691 hasConcept C556758197 @default.
- W3121163691 hasConceptScore W3121163691C100001284 @default.
- W3121163691 hasConceptScore W3121163691C113216237 @default.
- W3121163691 hasConceptScore W3121163691C124952713 @default.
- W3121163691 hasConceptScore W3121163691C139719470 @default.
- W3121163691 hasConceptScore W3121163691C142362112 @default.
- W3121163691 hasConceptScore W3121163691C162324750 @default.
- W3121163691 hasConceptScore W3121163691C18547055 @default.
- W3121163691 hasConceptScore W3121163691C2776462828 @default.
- W3121163691 hasConceptScore W3121163691C2776515129 @default.
- W3121163691 hasConceptScore W3121163691C33842695 @default.
- W3121163691 hasConceptScore W3121163691C34447519 @default.
- W3121163691 hasConceptScore W3121163691C51303962 @default.
- W3121163691 hasConceptScore W3121163691C551662922 @default.
- W3121163691 hasConceptScore W3121163691C556758197 @default.
- W3121163691 hasLocation W31211636911 @default.
- W3121163691 hasOpenAccess W3121163691 @default.
- W3121163691 hasPrimaryLocation W31211636911 @default.
- W3121163691 hasRelatedWork W1497999897 @default.
- W3121163691 hasRelatedWork W1521030326 @default.
- W3121163691 hasRelatedWork W1586747297 @default.
- W3121163691 hasRelatedWork W2047174654 @default.
- W3121163691 hasRelatedWork W2059507068 @default.
- W3121163691 hasRelatedWork W2126289602 @default.
- W3121163691 hasRelatedWork W2154696063 @default.
- W3121163691 hasRelatedWork W2398106951 @default.
- W3121163691 hasRelatedWork W2418158030 @default.
- W3121163691 hasRelatedWork W2473358555 @default.
- W3121163691 hasRelatedWork W2794013152 @default.
- W3121163691 hasRelatedWork W2797980177 @default.
- W3121163691 hasRelatedWork W2909835326 @default.
- W3121163691 hasRelatedWork W3121354900 @default.
- W3121163691 hasRelatedWork W3122618666 @default.
- W3121163691 hasRelatedWork W3124391568 @default.
- W3121163691 hasRelatedWork W3124557367 @default.
- W3121163691 hasRelatedWork W3125232292 @default.
- W3121163691 hasRelatedWork W3125385054 @default.
- W3121163691 hasRelatedWork W3140953131 @default.
- W3121163691 isParatext "false" @default.
- W3121163691 isRetracted "false" @default.
- W3121163691 magId "3121163691" @default.
- W3121163691 workType "article" @default.