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 - HTTP://

Director, International Trade Institute

Editor, International Trade Journal-

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

5201 University Boulevard, Laredo, Texas 78041-1900

Tel: (956) 326 - 2547 Fax: (956) 326 - 2544 - 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.




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 Market.


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