Taxation and foreign direct investment; a synthesis of empirical research

This paper reviews the empirical literature on the impact of company taxes on the allocation of foreign direct investment. We make the outcomes of 25 empirical studies comparable by computing the tax rate elasticity under a uniform definition. Read also the accompanying press release .The mean value of the tax rate elasticity in the literature is around 3.3, i.e. a 1%-point reduction in the host-country tax rate raises foreign direct investment in that country by 3.3%. There exists substantial variation across studies, however. By performing a meta analysis, the paper aims to explain this variation by the differences in characteristics of the underlying studies. Systematic differences between studies are found with respect to the type of foreign capital data used, and the type of tax rates adopted. We find no systematic differences in the responsiveness of investors from tax credit countries and tax exemption countries.

A one-step Cu/ZnO Quasi-Homogeneous Catalyst for DME Production from Syn-gas

Colloidal Cu/ZnO nanoparticles combine with γ-Al2O3 to form promising hybrid catalysts for the direct synthesis of dimethyl ether (DME) in liquid phase, showing high activity, selectivity and stability.</p

Multitask Evolution with Cartesian Genetic Programming

We introduce a genetic programming method for solving multiple Boolean circuit synthesis tasks simultaneously. This allows us to solve a set of elementary logic functions twice as easily as with a direct, single-task approach.Comment: 2 page

The direct synthesis of crosslinked polymeric azomethines

Char yields of synthesized crosslinked polymeric azomethine

A convenient tandem one-pot synthesis of donor-acceptor-type triphenylene 2,3-dicarboxylic esters from diarylacetylene

A tandem one-pot method for the direct synthesis of polysubstituted triphenylene 2,3-dicarboxylic esters with different substitution patterns was developed by enyne metathesis of diarylacetylene, followed by Diels–Alder, aromatization and a cyclization cascade