Exports, foreign direct investment, and the costs of corporate taxation

被引：1
作者：
Christian Keuschnigg
机构：
[1] University of St. Gallen (IFF-HSG),CEPR and CESifo
来源：
International Tax and Public Finance | 2008年 / 15卷
关键词：
Exports; Foreign direct investment; Corporate taxation; Extensive and intensive investment; Effective tax rates; Costs of public funds; D21; F23; H25; L11; L22;
D O I：
暂无
中图分类号：
学科分类号：
摘要：
This paper develops a model of a monopolistically competitive industry with extensive and intensive investment and shows how these margins respond to changes in average and marginal corporate tax rates. Intensive investment refers to the size of a firm’s capital stock. Extensive investment refers to the firm’s production location and reflects the trade-off between exports and foreign direct investment as alternative modes of foreign market access. The paper derives comparative static effects of the corporate tax and shows how the cost of public funds depends on the measures of effective marginal and average tax rates and on the elasticities of extensive and intensive investment.
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页码：460 / 477
页数：17
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