Dear colleagues,

The fourth issue of The International Trade Journal’s 26^th 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.

The International Trade Journal

Texas A&M International University

Volume 26, Number 4         

September - October 2012

[Taylor & Francis – The Routledge Group, publishers]

This issue can be electronically accessed at:
http://www.tandfonline.com/toc/uitj20/current

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…