This book examines a critical variable that is used as an incentive to manufacturers to stimulate exports of U.S. goods and services. It also examines the effects of the U.S. federal income tax deferral incentive on the investment behavior of U.S. manufacturing firms.
1. Introduction 2. Review of Investment Literature and Development of an Investment Model 3. The Taxation of United States Export-Related Income 4. Methodology and Tests for Structural Change 5. Concepts, Definitions, Statistical Methodology, and Sources of Data 6. Investment Data Analysis, Estimation, and Resu1ts 7. Conclusions, Implications, and Qualifications