Journal Special Issue
Fragility and Development in Small Island Developing States
In recent years there is a growing concern within the international donor community regarding the plight of a special group of countries labeled as 'Fragile States'. These states, which according to current donor lists currently numbers more than 40...
Working Paper
‘Rushing in where Angels Fear to Tread?’
In this paper I empirically investigate the early international entrepreneurship of indigenous Chinese firms using data on 3,948 firms surveyed by the World Bank in 2002-03. I find important differences in the extent and motivation of early...
Blog
Multinational Tax Avoidance in Developing Countries
by
Niels Johannesen, Thomas Tørsløv, Ludvig Wier
April 2016
In recent years many global firms—including Starbucks, Google, and Amazon—have come under fire for avoiding paying taxes in one country by shifting...
Working Paper
Are less developed countries more exposed to multinational tax avoidance?
NOTE | Revised version May 2017 available. View and download the revised version. We use a global dataset with information on 210,000 corporations in 102 countries to investigate whether cross-border profit shifting by multinational firms is more...
Journal Article
Entrepreneurship and human development
We provide a formal model of entrepreneurship in human development. The framework is provided by the capabilities approach (CA). Hence we extend not only the conceptualisation of entrepreneurship in development, but the reach of the CA into...
Journal Article
The impact of transport costs on new venture internationalisation
This paper investigates the importance of transport costs in new venture internationalisation, i.e. of firms that start exporting before they are 3 years of age. It does so by merging two large international datasets, on the firm level (covering 49...
Working Paper
R&D (Re)location
The paper builds a framework for the analysis of research and development (R&D) offshoring and outsourcing that encompasses several strands of the economics literature. It surveys the predictions from key theoretical models advanced in the literature...
Working Paper
Trade Expansion of China and India
By exploring the export performances and specialization patterns of China and India, we assess their trade competitiveness and complementarity vis-à-vis each other as well as with the rest of the world. Our analysis indicates that (i) India faces...
Book Chapter
Determinants of Industrial Embeddedness :
Recent developments in policy initiatives as well as some current practical events have combined to put the spotlight on the issue of industrial embeddedness in sub-Saharan Africa. Though extant research documents some stylized facts, as determinants...
Working Paper
Entrepreneurship and Human Development
We provide a formal model of entrepreneurship in human development. The framework is provided by the capabilities approach (CA). Hence we extend not only the conceptualisation of entrepreneurship in development, but the reach of the CA into...
Book
Transnational Corporations and the Global Economy
This book brings together papers written by representatives from UN agencies and academics who take a fresh look at the expanding role of transnational corporations and foreign direct investment in the world economy. These papers deal with such...
Working Paper
Non-Financial Corporate Risk Management and Exchange Rate Volatility in Latin America
This article studies the currency risk management of multinational companies with investments in Latin American countries. The analysis is centred on episodes of currency or financial shocks, searching into the behaviour of the financial management...
Journal Article
Are less developed countries more exposed to multinational tax avoidance?
This study uses a global dataset with information about 210,000 corporations in 142 countries to investigate whether tax avoidance by multinational firms is more prevalent in less-developed countries. The paper proposes a novel approach to studying...
Working Paper
Exchange Rates and Competition for FDI
This paper analyses the role of exchange rates in the competition for FDI. Based on the assumption that two countries compete for FDI from the same source country, the paper shows explicitly that the relative FDI of one country is determined by the...
Working Paper
E-business and Export Behaviour
The paper identifies and analyses the factors that influenced the export performance of firms in the post-liberalization era of the Indian economy. The study is based on primary data collected from fifty-one firms located in the national capital...