Event start date: 27.01.2020 14:00

On 27 January 2020, the National Bank of Ukraine hosted an open research seminar, during which Solomiya Shpak, PhD Candidate in Public Policy at George Mason University, presented research entitled Employment and Productivity Effects of Tax Haven FDI.

The study introduces new evidence on the impact of tax havens on developing countries: the author estimates the effect of tax haven ownership on employment and firm productivity using longitudinal data on Ukrainian firms. According to results, after the acquisition by foreign investors firms experience a boost in employment, labor productivity, and total factor productivity. However, the gap between acquired and domestic firms is lower if investors are from tax haven countries. The findings suggest that outcome of tax havens not limited to the loss of tax revenue.

Materials from the seminar are available via the links below.