Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5099844 | Journal of Economic Dynamics and Control | 2006 | 17 Pages |
Abstract
It is shown that the welfare effect of foreign investment may be negative due to the existence of transfers of profits to foreigners even when the domestic economy is following the optimal tax policy.
Related Topics
Physical Sciences and Engineering
Mathematics
Control and Optimization
Authors
Ana Balcão Reis,