The Effect of Corporate Tax on Foreign Direct Investment

Year 2020, Issue: 55, 221 - 244, 27.04.2020

Gamze Öz-yalaman

https://doi.org/10.18070/erciyesiibd.597602

Cited By: 1

Abstract

This paper primarily investigates the effect of corporate tax on foreign direct investment inflows using data from a panel of 35 countries over the period between 2005 and 2016. The paper finds that the impact of corporate tax rates on foreign direct investment inflows is significantly negative. Also, the paper calculates relative efficiency scores and potential recovery rates of 35 countries by using Data Envelopment Analysis in order to help policymakers about how to change corporate tax rates so that FDI becomes efficient. The results show that there are 15 countries efficient for maximizing FDI by using corporate tax rate while 20 countries are inefficient and the average efficiency scores range from 100% to 30.93%.

Keywords

Corporate Tax, FDI, Panel Data, Efficiency Score

Kurumlar Vergisinin Doğrudan Yabancı Sermaye Yatırımları Üzerindeki Etkisi

Abstract

Bu çalışma ilk olarak kurumlar vergisi oranlarının doğrudan yabancı sermaye yatırımlarına etkisini araştırmaktadır. Bu kapsamda çalışmada 2005- 2016 yılları için 35 ülkeye ait panel veri seti kullanılmıştır. Çalışmada kurumlar vergisi oranlarının doğrudan yabancı sermaye girişlerine olan etkisinin istatistiksel olarak anlamlı ve negatif olduğu görülmektedir. Bu çalışmada ikinci olarak, göreli olarak daha etkin doğrudan yabancı sermaye girişleri elde edebilmek için kurumlar vergisi oranının nasıl değiştirilmesi konusunda yol gösterebilmek amacıyla ülkelerin göreli etkinlik puanları ve potansiyel iyileştirme oranları hesaplanmıştır. Sonuçlar, kurumlar vergisi oranını kullanarak etkin doğrudan yabancı sermaye girişleri elde edebilen 15, elde edemeyen 20 ülkenin olduğunu göstermektedir. Ülkelerin ortalama etkinlik puanları % 100 ile % 30.93 arasında değişmektedir.

Keywords

Kurumlar Vergisi, DYY, Panel Veri, Etkinlik Değerleri

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