Do Intangible Assets Explain High U.S. Foreign Direct Investment Returns? - Softcover

Bridgman, Benjamin

Softcover

ISBN 10: 1288732058 ISBN 13: 9781288732050

Verlag: Bibliogov, 2013

Inhaltsangabe

U.S. investors abroad receive a higher return on their assets than their counterparts that invest in the United States. I examine the degree to which excluding intangible assets from the measurement of foreign direct investment can account for this gap. Using a growth accounting framework, I estimate intangible capital stocks for foreign-owned a liates and nd that including unmeasured capital reduces the gap by up to two thirds. U.S. a liates abroad hold a relatively large share of their assets as intangible capital since they are taxed at the relatively high U.S. corporate rate and intangible investment is expensed. Accounting for intangibles reduces a similar gap in British FDI returns by nearly half.

Details zur Ausgabe

• Verlag: Bibliogov
• Erscheinungsdatum: 2013
• Sprache: Englisch
• ISBN 10: 1288732058
• ISBN 13: 9781288732050
• Einband: Taschenbuch
• Anzahl der Seiten: 36
• Kontakt zum Hersteller: Nicht verfügbar
• Verantwortliche Person: Nicht verfügbar