The Role of Selected Tax Types on Foreign Direct Investment: The Case of OECD Countries

Yildirimcakar I., Gorur Ç., Kanberoğlu Z.

MALIYE DERGISI, sa.180, ss.76-92, 2021 (ESCI) identifier

  • Yayın Türü: Makale / Tam Makale
  • Basım Tarihi: 2021
  • Dergi Adı: MALIYE DERGISI
  • Derginin Tarandığı İndeksler: Emerging Sources Citation Index (ESCI), TR DİZİN (ULAKBİM)
  • Sayfa Sayıları: ss.76-92
  • Anahtar Kelimeler: Foreign Direct Investment, Taxes, Panel Cointegration
  • Van Yüzüncü Yıl Üniversitesi Adresli: Evet

Özet

In this study, the interaction between foreign direct investment and tax on international trade, tax on income, profits and capital gains and tariff rate is based on annual data from 36 OECD countries covering the years 1995-2019 were examined by Westerlund (2007) panel cointegration test. What makes the study different from previous studies is that it tries to determine the effect of different tax types on foreign direct investment. According to econometric findings, there is a long-term negative relationship between foreign direct investment and tax on international trade, tax on income, profits and capital gains and tariff rate.