Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/273951 
Erscheinungsjahr: 
2022
Schriftenreihe/Nr.: 
WIDER Working Paper No. 2022/156
Verlag: 
The United Nations University World Institute for Development Economics Research (UNU-WIDER), Helsinki
Zusammenfassung: 
We study whether misinvoicing in international trade is reflected in cross-border bank accounts as reported by offshore financial centres. We show that residents hold more offshore wealth when local misinvoicing practices thrive, especially for under-invoiced exports of natural resources. These results are driven by less-developed countries, autocracies, and resource-rich countries, which typically lack institutional capacity and/or political willingness to deter capital flight and misinvoicing practices. All our results are consistent with rent-seeking behaviour by local elites, and we provide corroborative evidence to support this claim.
Schlagwörter: 
trade misinvoicing
cross-border banking
offshore financial centres
natural resources
JEL: 
F14
F20
F38
K42
Persistent Identifier der Erstveröffentlichung: 
ISBN: 
978-92-9267-289-8
Dokumentart: 
Working Paper

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