摘要翻译:
利用巴拿马文件,我们表明,媒体开始报道一个国家的征用和没收财产,就增加了境外实体在同一个月由同一个国家的代理人注册的可能性。这一结果对使用国家年度固定效应和排除避税天堂是稳健的。进一步的分析表明,这种影响是由没有腐败和有效政府的国家推动的,这支持了这样一种观点,即当意图合理、运作良好的政府对通过没收犯罪所得打击有组织犯罪变得更加认真时,境外实体就成立了。
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英文标题:
《Expropriations, Property Confiscations and New Offshore Entities:
Evidence from the Panama Papers》
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作者:
Ralph-Christopher Bayer, Roland Hodler, Paul Raschky, Anthony
Strittmatter
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最新提交年份:
2018
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分类信息:
一级分类:Economics 经济学
二级分类:General Economics 一般经济学
分类描述:General methodological, applied, and empirical contributions to economics.
对经济学的一般方法、应用和经验贡献。
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一级分类:Quantitative Finance 数量金融学
二级分类:Economics 经济学
分类描述:q-fin.EC is an alias for econ.GN. Economics, including micro and macro economics, international economics, theory of the firm, labor economics, and other economic topics outside finance
q-fin.ec是econ.gn的别名。经济学,包括微观和宏观经济学、国际经济学、企业理论、劳动经济学和其他金融以外的经济专题
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英文摘要:
Using the Panama Papers, we show that the beginning of media reporting on expropriations and property confiscations in a country increases the probability that offshore entities are incorporated by agents from the same country in the same month. This result is robust to the use of country-year fixed effects and the exclusion of tax havens. Further analysis shows that the effect is driven by countries with non-corrupt and effective governments, which supports the notion that offshore entities are incorporated when reasonably well-intended and well-functioning governments become more serious about fighting organized crime by confiscating proceeds of crime.
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PDF链接:
https://arxiv.org/pdf/1810.09876


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