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A Pecking Order of Capital Inflows and International Tax Principles

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Author Info
Razin, A
Sadka, E
Yuen, C-W

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Abstract

Even though financial markets today show a high degree of integration, the world capital market is still far from the textbook story of high capital mobility. The purpose of this paper is to highlight key source of market failure in the contest of international capital flows and to provide guidelines for efficient tax structure in the presence of capital market imperfections.

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Publisher Info
Paper provided by Tel Aviv - the Sackler Institute of Economic Studies in its series Papers with number 12-97.

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Length: 32 pages
Date of creation: 1997
Date of revision:
Handle: RePEc:fth:teavsa:12-97

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Postal: Tel-Aviv University, The Sackler Institute of Economic Studies, Ramat Aviv 69 978 Tel-Aviv, Israel
Phone: +972-3-640-9715
Fax: +972-3-640-9908
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Web page: http://econ.tau.ac.il/
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Related research
Keywords: FOREIGN INVESTMENT ; INFORMATION ; TAXATION;

Other versions of this item:

Find related papers by JEL classification:
F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
F35 - International Economics - - International Finance - - - Foreign Aid
H25 - Public Economics - - Taxation, Subsidies, and Revenue - - - Business Taxes and Subsidies
H30 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - General

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This page was last updated on 2009-11-20.

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