The effects of taxation on U.S. multinationals and their Canadian affiliates / by Jason G. Cummins. : F21-4/96-4E
I develop an empirical approach that provides a general framework for studying the behaviour of multinational corporations (MNCs). The approach begins with a dynamic structural model of the multinational firm. The model treats the MNC's factors of production in different countries as separate inputs into a general production technology and incorporates unobservable firm-specific productivity shocks and local demand shocks. The semiparametric econometric procedure I develop to estimate the model relies on the exit rule and input demand functions generated by the solution to the firm's stochastic dynamic decision problem to consistently estimate the parameters of the firm's production technology. I then estimate the technology parameters using a new firm-level panel dataset on U.S. MNCs and their Canadian affiliates.--Abstract
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publications.gc.ca/pub?id=9.613805&sl=1
Ministère/Organisme | Canada. Department of Finance. |
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Titre | The effects of taxation on U.S. multinationals and their Canadian affiliates / by Jason G. Cummins. |
Titre de la série | Working paper96-4 |
Type de publication | Série - Voir l'enregistrement principal |
Langue | [Anglais] |
Autres langues publiées | [Français] |
Format | Papier |
Autres formats offerts | Électronique-[Anglais] |
Note(s) | "I develop an empirical approach that provides a general framework for studying the behaviour of multinational corporations (MNCs). The approach begins with a dynamic structural model of the multinational firm. The model treats the MNC's factors of production in different countries as separate inputs into a general production technology and incorporates unobservable firm-specific productivity shocks and local demand shocks. The semiparametric econometric procedure I develop to estimate the model relies on the exit rule and input demand functions generated by the solution to the firm's stochastic dynamic decision problem to consistently estimate the parameters of the firm's production technology. I then estimate the technology parameters using a new firm-level panel dataset on U.S. MNCs and their Canadian affiliates."--Abstract. |
Information sur la publication | Ottawa - Ontario : Finance Canada 1996. |
Reliure | Softcover |
Description | 38p. : graphs, references, tables ; 28 cm. |
ISBN | 0-662-25771-5 |
Numéro de catalogue |
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Descripteurs | Taxes |
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