对外国直接投资的税收影响-仅仅是重新定向
1Vienna University of Economics and Business Vienna Austria.
概括
税率影响的是外国直接投资 (FDI),而不是最终的FDI. 高税率鼓励间接外国直接投资,这表明税收影响投资路线,而不是地点决定.
科学领域:
- 经济学 经济学 经济学
- 国际金融 国际金融
- 税收政策 税收政策
背景情况:
- 外国直接投资 (FDI) 对经济增长至关重要.
- 了解外国直接投资的决定因素,特别是税收影响,对于政策制定者来说至关重要.
- 现有的研究往往汇总了不同类型的外国直接投资,可能掩盖了特定的税收影响.
研究的目的:
- 调查间接外国直接投资 (FDI) 的税收相关决定因素.
- 区分税收政策对直接和间接外国直接投资流的影响.
- 分析双边税率,反避税规则和避税天堂地位的作用.
主要方法:
- 使用了经合组织对外直接投资 (BMD4) 数据库的基准定义.
- 采用标准重力方程模型,适用于外国直接投资分析.
- 应用了Poisson伪最大概率估计,以获得可靠的经验结果.
主要成果:
- 最终的外国直接投资是由实际的经济因素驱动的,不受税收政策的影响.
- 直接外国直接投资受到税收相关决定因素的重大影响.
- 较高的双边有效平均税率与增加的间接外国直接投资流动有积极的相关性.
结论:
- 税收政策不会影响外国直接投资的最终定位决定.
- 税收主要影响所选择的投资道 (直接或间接).
- 之前的研究可能高估了外商直接投资的整体税收弹性.
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