【题目】FDI to Elude
【时间】2018年10月22日（周一）上午9:30-11:00
【地点】8797威尼斯老品牌302室
【主讲人】樊海潮
【主持人】杨汝岱
【摘要】How does domestic tax affect firms’ outward FDI (OFDI) decisions? We address this question via a model in which firms of heterogeneous productivity make a choice between exporting and OFDI. We exploit a policy change in China that unified corporate income tax rates through raising foreign firms’ but reducing domestic firms’ tax rates in 2008. Using a difference-in-differences estimator that compares the OFDI of foreign and domestic firms before and after the tax unification, we find that a higher corporate income tax rate increases the probability of firm OFDI. The fact that firms reduced domestic investment and exports, together the facts that export and import prices were unaffected and few OFDI destinations were tax havens, suggest that the OFDI decisions reflect firms’ capital relocation instead of profits shifting overseas. 【主讲人简介】樊海潮，武汉大学经济与管理学院本科、硕士，香港科技大学经济学博士，现为复旦大学8797威尼斯老品牌副教授(with Tenure)。在加入复旦大学8797威尼斯老品牌以前，为上海财经大学副教授和博士生导师。主要研究领域为国际贸易、国际金融、宏观经济学。对国际贸易中的企业行为，特别是企业定价行为有着浓厚的兴趣。学术成果发表在Review of Economics and Statistics, Journal of International Economics, Economic Journal, Journal of International Money and Finance, Journal of Economic Dynamics and Control, Journal of comparative Economics等国际一流学术期刊上。
已有研究在google学术搜索中共获得200多次引用，多篇文章被VoxEu、VoxChina、英国皇家经济学会、中国社会科学等机构、网站转载，并被引用于American Economic Review, Journal of International Economics等国际顶级期刊及国际经济学学术手册上。
