Utilize este identificador para referenciar este registo:
https://hdl.handle.net/1822/65727
Registo completo
Campo DC | Valor | Idioma |
---|---|---|
dc.contributor.author | Azevedo, Alcino | por |
dc.contributor.author | Pereira, Paulo J. | por |
dc.contributor.author | Rodrigues, Artur | por |
dc.date.accessioned | 2020-06-23T09:24:13Z | - |
dc.date.available | 2020-06-23T09:24:13Z | - |
dc.date.issued | 2019-04-01 | - |
dc.date.submitted | 2017-11 | - |
dc.identifier.citation | Azevedo, A., Pereira, P. J., & Rodrigues, A. (2019). Foreign direct investment with tax holidays and policy uncertainty. International Journal of Finance & Economics, 24(2), 727-739 | por |
dc.identifier.issn | 1076-9307 | por |
dc.identifier.uri | https://hdl.handle.net/1822/65727 | - |
dc.description.abstract | We study foreign direct investment agreements that entitle firms to a lower tax rate during a tax holiday period. Our model considers both finite and uncertain tax holiday period settings. We show that the tax holiday duration may have, for small tax rate reductions, a nonmonotonic effect on the investment timing. For sufficiently high tax reductions, a longer tax holiday speeds up investment. A higher tax reduction during the tax holiday and a lower uncertainty are shown to have a monotonic effect on the threshold, hastening investment. However, in case of a finite tax holiday, for exceptional high salvage values, a higher uncertainty can speed up investment. We show the usefulness of our model to design an optimal incentives package that prompts investment. | por |
dc.description.sponsorship | FCT, Grant/Award Number: POCI-01-0145-FEDER-006683 and POCI-01-0145-FEDER-006890; ERDF | por |
dc.language.iso | eng | por |
dc.publisher | Wiley | por |
dc.rights | openAccess | por |
dc.subject | FDI | por |
dc.subject | Real options | por |
dc.subject | Tax holidays | por |
dc.subject | Taxation policy | por |
dc.subject | Uncertainty | por |
dc.title | Foreign direct investment with tax holidays and policy uncertainty | por |
dc.type | article | - |
dc.peerreviewed | yes | por |
dc.relation.publisherversion | https://onlinelibrary.wiley.com/doi/full/10.1002/ijfe.1688 | por |
oaire.citationStartPage | 727 | por |
oaire.citationEndPage | 739 | por |
oaire.citationIssue | 2 | por |
oaire.citationVolume | 24 | por |
dc.date.updated | 2020-06-23T08:59:03Z | - |
dc.identifier.eissn | 1099-1158 | por |
dc.identifier.doi | 10.1002/ijfe.1688 | por |
dc.subject.fos | Ciências Sociais::Economia e Gestão | por |
dc.subject.wos | Social Sciences | - |
sdum.export.identifier | 5597 | - |
sdum.journal | International Journal of Finance & Economics | por |
Aparece nas coleções: | NIPE - Artigos em Revistas de Circulação Internacional com Arbitragem Científica |
Ficheiros deste registo:
Ficheiro | Descrição | Tamanho | Formato | |
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ijfe_1688_Rev_EV.pdf | 751,17 kB | Adobe PDF | Ver/Abrir |