Using Tax Incentives to Compete for Foreign Investment ; Are They Worth the Costs?

from the Table of Contents: Foreword; Tax Holidays to Attract Foreign Direct Investment. Lessons from Two Experiments; Introduction; The First Experiment. Eliminating Tax Holidays; Estimating the Costs of Incentives; The Pressures for New Tax Holidays; The Second Experiment. Discretionary Allocation of Incentives; Coda; Conclusions; Appendixes: A. Sample Statistical Results; B. Sample Calculations of Subsidy Equivalents; Notes; References; How Tax Policy and Incentives Affect Foreign Direct Investment. A Review: Introduction; Early Literature. The Aggregate Approach; New Evidence from the Mid-1980s. A Search for Details; Issues in Today's Global World; Concluding Remarks and Next Steps; Notes; References; Figures and Tables;