期刊
JOURNAL OF PUBLIC ECONOMICS
卷 88, 期 12, 页码 2745-2763出版社
ELSEVIER SCIENCE SA
DOI: 10.1016/j.jpubeco.2004.03.002
关键词
preferential trade agreements; tax competition; multinational enterprises
类别
This paper examines how free-trade agreements and customs unions affect the location of foreign direct investment (FDI) and social welfare, taking into account that governments may adjust taxes and external tariffs to compete for FDI. Conditions are identified under which a free-trade agreement leads to FDI and under which this improves welfare. The welfare effect is shown to depend on the relative size of efficiency gains in production and government revenue losses due to tax competition. A free-trade agreement may fail to induce welfare-improving 17131, creating a role for a customs union. (C) 2004 Elsevier B.V. All rights reserved.
作者
我是这篇论文的作者
点击您的名字以认领此论文并将其添加到您的个人资料中。
推荐
暂无数据