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Pass-Through and Multinational Firms: Evidence from US Manufacturing Industries
- Source :
- 明治学院大学経済研究 = The papers and proceedings of economics. 164:1-18
- Publication Year :
- 2022
- Publisher :
- 明治学院大学経済学会, 2022.
-
Abstract
- In recent years, a greater portion of international trade is conducted by multinational firms. In this paper, I empirically analyze the relation between firms’ multinational status and pricing behavior associating with foreign tax rate and exchange rate using data in US manufacturing industries. The results show that prices in industries with lower intrafirm share are more sensitive to foreign tax rate change. Also, this study concludes that industries with more intrafirm transaction show lower pass-through rate.<br />Article<br />【論文／Articles】
Details
- Language :
- English
- ISSN :
- 1349483X
- Volume :
- 164
- Database :
- OpenAIRE
- Journal :
- 明治学院大学経済研究 = The papers and proceedings of economics
- Accession number :
- edsair.jairo.........fad23a8896be4777e452b1c61d5e1bde