The myth of profit-shifting trade policies

The Corporate Governance of Profit Shifting

Asymmetric Capital Tax Competition with Profit Shifting

This paper analyses capital tax competition between jurisdictions of different size when multinational firms can shift some fraction of their tax base between them. For the case of revenue maximizing governments, we show that introducing profit shifting will not generally increase downward pressure on tax rates. We find that profit shifting decreases the tax-base elasticity of the low tax juris...

Profit Shifting opportunities, Multinationals, and the determinants of FDI

The theory of tax competition suggests that different tools might be used to attract physical capital and taxable profits. While it is assumed that FDI in real activity is deterred by high effective taxes, investment undertaken for purpose of profit-shifting is deterred by a higher statutory tax rate. Using information from the RWI-Database "Globalisation", which contains statistics about forei...

Study on Trade Restrictiveness of Agricultural Policies in Iran

In this paper the trade restrictiveness of agricultural policies in Iran was measured by the TRIindex for the nine major agricultural products including wheat, rice, barely, maize, soybean,meat (beef meat), soybean oil, sugar and banana over the period 1981 to 2007. The main resultsindicate that there is no trend in above index and high volatility especially in 2006 and 2007years due to conside...

The Myth Of Preferential Trade Arrangements: Are PTAs Good for Global Free Trade?

The number of preferential trading arrangements (PTAs) approved under the General Agreement on Tariffs and Trade (GATT) and the World Trade Organization (WTO) has increased significantly, from just one in 1949 to more than 100 today. In fact, PTAs such as the European Union and North American Free Trade Agreement (NAFTA) have more power than the United Nations. In a 1995 study, the WTO Secretar...