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Productivity and Taxes as Drivers of FDI

Productivity and Taxes as Drivers of FDI

Productivity ShocksTable 1Data SourcesVariablesSourceFDI FlowsGDPPopulationNumber of WorkersDistanceCommon LanguageEducation AttainmentICRG Index of FinancialSound Rating (the inverse ofFinancial Risk Rating)Capital StockInternational Direct Investment Database (OECD)World Economic IndicatorsWorld Economic IndicatorsWorld Economic IndicatorsAndrew Rose website: www.haas.berkeley.edu/~aroseAndrew Rose website: www.haas.berkeley.edu/~aroseBarro-Le Dataset, www.nber.org/pub/barro.lee/PRS GroupFrancesco Caselli website:http://personal.lse.ac.uk/casellifEffective Tax Rates Devereux, Giffith and Klemm (2002)38

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