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Full-Text Articles in Economics
Bilateral Tax Treaties And Us Foreign Direct Investment Financing Modes, Joseph P. Daniels, Patrick O'Brien, Marc Von Der Ruhr
Bilateral Tax Treaties And Us Foreign Direct Investment Financing Modes, Joseph P. Daniels, Patrick O'Brien, Marc Von Der Ruhr
Economics Faculty Research and Publications
Though it is often claimed that bilateral tax treaties promote foreign direct investment (FDI), previous empirical studies do not support this view. Indeed, the literature provides mixed results where bilateral tax treaties have a positive impact on FDI flows in some studies and a negative impact in other studies. Using US FDI outflows disaggregated into financing modes, equity capital, reinvested earnings, and inter-company debt, we estimate fixed-effects quantile regression models that include controls for new tax treaties, existing treaties (in place prior to the start of the sample period), and the total number of tax treaties a host country has …
Revenue Sharing And Within-Team Payroll Inequality In Major League Baseball, Nicholas A. Jolly
Revenue Sharing And Within-Team Payroll Inequality In Major League Baseball, Nicholas A. Jolly
Economics Faculty Research and Publications
Using data from the 2000 to 2012 Major League Baseball seasons, this article investigates how changes to revenue sharing in the 2007 collective bargaining agreement altered within-team payroll inequality. Results indicate that inequality within teams decreased after the 2007 bargaining agreement. This reduced inequity is concentrated among those teams that were already experiencing relatively higher levels of inequality. This indicates that changes to revenue sharing should help increase competitive balance within the league. Additionally, the reduction in inequality occurs only among hitters and not pitchers. These results highlight how collective bargaining can have heterogeneous effects on groups of workers despite …