WHAT ATTRACTS FOREIGN MULTINATIONAL CORPORATIONS? EVIDENCE FROM BRANCH PLANT LOCATION IN THE UNITED STATES

1992 ◽  
Vol 32 (4) ◽  
pp. 403-418 ◽  
Author(s):  
Joseph Friedman ◽  
Daniel A. Gerlowski ◽  
Johnathan Silberman
2008 ◽  
Vol 7 (3) ◽  
pp. 1-26 ◽  
Author(s):  
Barry Bosworth ◽  
Susan M. Collins

This paper examines U.S. goods trade with China, focusing on the performance of exports. Throughout the analysis, we explore whether U.S. trade is unusual by contrasting it with trade from Japan and the EU-15.1 The issue is examined from three perspectives: the commodity composition of exports, the role of multinational corporations (MNCs), and the determinants of trade as specified in a formal “gravity model.” As an initial point of departure, we show that the commodity composition of U.S. exports to China is similar to the pattern of exports to the world as a whole, and that the operations of U.S. MNCs have only minor implications for trade with China. Consequently, we emphasize the estimation of a set of “gravity equations” that explore the role of market size and distance from the United States. Distance exerts a surprisingly large effect on trade. Finally, although exports to China may be a small share of U.S. GDP, they are relatively substantial compared to U.S. exports to other countries. In other words, the measure of U.S. trade performance in China is distorted by the low level of its exports to all countries. We present evidence that the United States underperforms as an exporter relative to a peer group of high-income European countries and Japan.


2021 ◽  
Vol 69 (3) ◽  
pp. 745-790
Author(s):  
Susann Sturm

This study examines the complexity of Canada's corporate income tax system from the perspective of multinational corporations and compares it with the complexity of the US system, also taking into account measures of complexity for 19 other member countries of the Organisation for Economic Co-operation and Development (OECD). The author finds that with regard to the Canadian tax code, the most complex laws are those on corporate reorganization, transfer pricing, and controlled foreign corporations, and with regard to the Canadian tax framework, the most complex areas are tax audits, tax-law enactment, and tax guidance. In comparison with other OECD countries, Canada is remarkably similar to the United States. Both countries have a medium level of overall complexity, and both have a more complex tax code but a less complex tax framework than other countries. However, a closer examination of the Canadian and US tax codes and tax frameworks reveals some significant differences in complexity levels, particularly in respect of certain tax laws.


2019 ◽  
Vol 6 (3) ◽  
pp. 199-218 ◽  
Author(s):  
Jesse Liss

Previous sociological studies demonstrated that U.S. multinational corporations (MNCs) had durable political power to motivate U.S. trade policy. However, why did the United States switch from a “free trade” to an “America First” trade agenda? Economists and political scientists argue that protectionist voters elected the protectionist candidate—Trump. An alternative sociological explanation is that U.S. MNCs lost political power to competing stakeholder groups. The article uses qualitative and quantitative methods to test these competing theories using the case study of the U.S. withdrawal from the Trans-Pacific Partnership (TPP). The article argues that both theories are necessary, and neither are sufficient. The United States withdrew from the TPP because increasing negative effects of trade and investment in the United States reshaped trade politics, especially on the republican side; however, power relations between stakeholder groups had to shift as well. U.S. MNCs lost political influence over trade policy to new domestic manufacturing organizations and their networks with labor and fair trade coalitions.


2005 ◽  
Vol 47 (02) ◽  
pp. 77-102 ◽  
Author(s):  
Richard C. Jones

Abstract Mexico and Ireland, traditionally countries of emigration, experienced pronounced multinationalization of their economies during the 1990s. In Ireland net emigration declined, but in Mexico it remained quite high, suggesting that Ireland advanced in the mobility transition while Mexico did not. Several reasons are offered to explain this, reflecting Mexico's relationships with the United States, multinational corporations, and local income and social conditions in Mexican regions. In Ireland and its relationship with the United Kingdom, by contrast, these factors generally took the reverse direction. This article uses the comparison to examine the relationship between declining emigration and multinational investment and the question of whether Mexico may be expected eventually to reverse its present trends.


1976 ◽  
Vol 8 (2) ◽  
pp. 307
Author(s):  
Robert O. Keohane ◽  
Richard J. Barnet ◽  
Ronald E. Muller ◽  
Charles T. Goodsell ◽  
Theodore H. Moran ◽  
...  

1988 ◽  
Vol 7 (1) ◽  
pp. 203-218 ◽  
Author(s):  
Michael G. Harvey

It is estimated by 1990 United States based multinational corporations (MNCs) will export over one billion dollars or pesticides and chemicals that have been banned by the Environmental Protection Agency (EPA) for sale in the domestic market. The potential environmental hazards and dangerous side effects to inhabitants of foreign countries could be devastating. This article examines the growth of sales of pesticides which have been banned domestically, why they create such a hazard in foreign countries as well as a “boomerang effect” in the United States, and explores a means to more adequately monitor and control the sale of these pesticides worldwide.


1984 ◽  
Vol 2 (1) ◽  
pp. 161-173
Author(s):  
J. R. Lucas

“Towards a Theory of Taxation” is a proper theme for an Englishman to take when giving a paper in America. After all it was from the absence of such a theory that the United States derived its existence. The Colonists felt strongly that there should be no taxation without representation, and George III was unable to explain to them convincingly why they should contribute to the cost of their defense. Since that time, understanding has not advanced much. In Britain we still maintain the fiction that taxes are a voluntary gift to the Crown, and taxing statutes are given the Royal Assent with the special formula, “La Reine remercie ses bons sujets, accepte leur benevolence, et ainsi le veult” instead of the simple “La Reine le veult,” and in the United States taxes have regularly been levied on residents of the District of Columbia who until recently had no representation in Congress, and by the State of New York on those who worked but did not reside in the State, and so did not have a vote. Taxes are regularly levied, in America as elsewhere, on those who have no say on whether they should be levied or how they should be spent. I am taxed by the Federal Government on my American earnings and by state governments on my American spending, but I should be hard put to it to make out that it was unjust. Florida is wondering whether to follow California in taxing multinational corporations on their world-wide earnings.


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