Tax-based Capital Controls’ Efficacy at Affecting the Composition of Foreign Capital
(2016) NEKN01 20161Department of Economics
- Abstract
- This paper investigates whether countries can use tax-based forms of capital controls to affect the share of foreign direct investment (FDI) relative to debt. Doing so might enable a country to influence capital-recipient countries’ foreign capital towards FDI and away from debt. The empirical model and dependent, explanatory, and control variables have been drawn from existing literature and have been applied to a panel data set consisting of 20 countries spanning 1999 to 2011. The main empirical findings show that a tax preference for FDI is more effective and persistent than a tax discrimination against debt investments.
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/8891376
- author
- Donnally, Sandra LU
- supervisor
- organization
- course
- NEKN01 20161
- year
- 2016
- type
- H1 - Master's Degree (One Year)
- subject
- keywords
- foreign capital, capital controls, foreign direct investments, debt
- language
- English
- id
- 8891376
- date added to LUP
- 2016-09-12 11:05:09
- date last changed
- 2016-09-12 11:05:09
@misc{8891376, abstract = {{This paper investigates whether countries can use tax-based forms of capital controls to affect the share of foreign direct investment (FDI) relative to debt. Doing so might enable a country to influence capital-recipient countries’ foreign capital towards FDI and away from debt. The empirical model and dependent, explanatory, and control variables have been drawn from existing literature and have been applied to a panel data set consisting of 20 countries spanning 1999 to 2011. The main empirical findings show that a tax preference for FDI is more effective and persistent than a tax discrimination against debt investments.}}, author = {{Donnally, Sandra}}, language = {{eng}}, note = {{Student Paper}}, title = {{Tax-based Capital Controls’ Efficacy at Affecting the Composition of Foreign Capital}}, year = {{2016}}, }