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OverviewTax competition models show taxation as a key variable in investment location decisions. Countries reduce taxation to attract firms. Firms locate their investments where the net return on capital is higher due to a lower tax burden. But tax competition is not optimal because the lowering of the tax burden causes an inefficient allocation of capital and provision of public goods. Thus, tax policies in an economic area such as the European Union should be coordinated. This book presents a behavioural approach where both uncertainty and the cognitive characteristics of managers have a central role. Investment location decisions are shown to be significantly explained by heuristics arising from the uncertainty faced by managers, while the role of taxation appears to be less significant than it is usually assumed. Therefore, not only countries should reconsider emphasizing taxation when implementing policies to attract investment but the main argument for corporate tax integration in the EU simply vanishes. The book may help managers dealing with investment decisions, public officials designing incentives to attract firms and lecturers in international economics or management. Full Product DetailsAuthor: Ricardo Pinheiro AlvesPublisher: LAP Lambert Academic Publishing Imprint: LAP Lambert Academic Publishing Dimensions: Width: 15.20cm , Height: 2.10cm , Length: 22.90cm Weight: 0.544kg ISBN: 9783838369273ISBN 10: 3838369270 Pages: 372 Publication Date: 22 June 2010 Audience: General/trade , General Format: Paperback Publisher's Status: Active Availability: In Print This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us. Table of ContentsReviewsAuthor InformationTab Content 6Author Website:Countries AvailableAll regions |