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Does Tax Haven FDI Influence Firm Performance?

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  • Gerda Dewit

    () (Department of Economics, Finance and Accounting, Maynooth University.)

  • Dermot Leahy

    () (Department of Economics, Finance and Accounting, Maynooth University.)

  • Chris Jones

    () (Aston University, Birmingham, UK)

  • Yama Temouri

    () (.Aston University, Birmingham, UK)

Abstract

This paper provides theoretical and empirical evidence of the link between the use of tax haven subsidiaries by multinational enterprises (MNEs) and firm performance, as measured by total factor productivity. We find that the use of tax havens has no impact on economic dynamism for a sample of MNEs from across the OECD. Our results have significant policy implications in terms of the role of tax havens in the world economy.

Suggested Citation

  • Gerda Dewit & Dermot Leahy & Chris Jones & Yama Temouri, 2017. "Does Tax Haven FDI Influence Firm Performance?," Economics, Finance and Accounting Department Working Paper Series n284-17.pdf, Department of Economics, Finance and Accounting, National University of Ireland - Maynooth.
  • Handle: RePEc:may:mayecw:n284-17.pdf
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