This study uses data on Swedish multinationals to estimate cross elasticities of labour demand in different locations. With a vertical decomposition of the firm’s activities, whether there is substitution or complementarity between employment in different parts of the firm will depend on whether wage changes lead to a relocation of activities or simply to changes in marginal costs and demand fo...

the caucasus region is located between the black sea and the caspian sea in south of the russian federation, north west of iran and north east of turkey. geographical situation and strategic significance of the south caucasus, have turned it to one of the most important parts of the world. in an atmosphere of the us -russia geostrategic competition and possibility of waging a cold war between t...

Abstract The theory of international tax competition suggests that governments attempt to attract mobile capital bases by undercutting the foreign capital tax rate. An analysis of the role that state capacity plays in tax policymaking under international pressures is, however, missing. The central contribution of our study is to highlight the importance of the interaction between state capaci...