Dear colleagues,


The fourth issue of The International Trade Journal's 26th volume has just
been published. We are pleased to inform you that the journal continues to
be published on schedule, and the submission rate continues to climb, so now
our acceptance rate hovers around 6%.


We are pleased to forward the table of contents of the current issue. If you
are interested in receiving a complimentary copy, please contact us. We also
encourage you to submit articles and to serve as a manuscript reviewer.


Thank you for your support.


Professor Tagi Sagafi-nejad

The Radcliffe Killam Distinguished Professor of International Business,

Director, Center for the Study of Western Hemispheric Trade -

Director, International Trade Institute

Editor, International Trade Journal-

The A. R. Sanchez, Jr., School of Business,Texas A&M International

5201 University Boulevard, Laredo, Texas 78041-1900

Tel: (956) 326 - 2547 <tel:%28956%29%20326%20-%202547>  Fax: (956) 326 -
2544 <tel:%28956%29%20326%20-%202544>  - E-mail: [log in to unmask] 




The International Trade Journal

Texas A&M International University

Volume 26, Number 4         

September - October 2012




Tagi Sagafi-nejad,  <> "From the Editor"











Luisa Blanco and Cynthia Rogers, 
"Competition between Tax Havens: Does Proximity Matter?"





David Riker, 
"Special 301 and Royalty Receipts from U.S. Trade Partners"





Renato Baumann and Francis Ng, 
"Regional Productive Complementarity and Competitiveness"





Books Received 






[Taylor & Francis - The Routledge Group, publishers]

This issue can be electronically accessed at:



From the Editor:


Volume 26, Number 4
September - October 2012


The International Trade Journal, Vol. 26, No. 4 (September-October 2012)


Dear Readers,


Welcome to Volume 26, Issue 4, of The International Trade Journal. The
current issue contains three original articles on tax havens, royalty
receipts, and competitiveness. These topics are all timely and make
noteworthy contributions to the field.


In the first article, Blanco and Rogers use panel data to study the effect
of tax competition among tax haven countries on global capital inflows and
the number of American affiliates in tax haven countries, as well as the
effect of proximity on the use of such tax havens. Unlike other studies that
have analyzed the effectiveness of tax haven policies on attracting foreign
investment, this study addresses the effect of the proximity of tax haven
countries on capital flows and highlights the need for harmonized
international tax policy. These authors find that competition among tax
haven countries is negatively related to foreign direct investment inflows
and the number of American subsidiaries in these countries. They also find
significant spillover effects for other nearby countries once a corporation
locates in a particular tax haven. Their research findings imply that tax
haven countries as a group have an incentive to support tax harmonization
among them. Also, these countries have an incentive to target companies
already in nearby tax havens.


Continued <> .


Karl P. Sauvant, PhD
Resident Senior Fellow
Vale Columbia Center on Sustainable International Investment

Columbia Law School/The Earth Institute

Columbia University

435 West 116th Street

New York, N.Y. 10027

Phone (1-212) 854-0689

The Yearbook on International Investment Law and Policy 2010-2011 was
released by Oxford University Press in December 2011. For details please see <> .
The following ebooks are available free of charge from the same website: FDI
Perspectives: Issues in International Investment; Inward and Outward FDI
Country Profiles; MNEs from Emerging Markets: New Players in the World FDI


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