Measuring the location of production in a world of intangible productive assets, FDI, and intrafirm trade
By: Robert E. Lipsey.
Contributors: National Bureau of Economic Research.
Series: NBER working paper series -- working paper 14121; Working paper series (National Bureau of Economic Research : Online) -- working paper no. 14121.
Publisher: National Bureau of Economic Research
Published: 2008
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Description: "As production comes to depend more on intangible productive assets, the location of production by multinational firms becomes increasingly ambiguous.  The reason is that, within the firm, these assets have no clear geographical location, but only a nominal location determined by the firm's tax or legal strategies.  The effects of these location ambiguities, and the resulting distortions for tax reasons of the location of production, are described and it is estimated that for U.S.  firms' affiliates in a few tax havens alone, the exaggeration of value added in those locations amounted, in 2005, to about 4 percent of worldwide affiliate sales, and the exaggeration of sales to about 10 percent of worldwide affiliate sales.  Some possibilities for estimating the location of production that could supersede the present dependence on accounting measures distorted by tax-saving policies are described"--National Bureau of Economic Research web site.
Notes: Title from PDF file as viewed on 7/18/2008.

Includes bibliographical references.

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Mode of access: World Wide Web.