NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Offshore Profit Shifting and Domestic Productivity Measurement

Fatih Guvenen, Raymond J. Mataloni, Jr., Dylan G. Rassier, Kim J. Ruhl

NBER Working Paper No. 23324
Issued in April 2017, Revised in June 2018

---- Acknowledgments ----

We thank Jennifer K. Bruner and Alberto G. Ramon for their assistance with the statistical analysis. For comments and suggestions, we thank Pol Antras, Nick Bloom, Carol Corrado, Arnaud Costinot, Jason Furman, John Fernald, Sebnem Kalemli-Ozcan, Mitchell Petersen and especially our formal discussants Molly Saunders-Scott and Dan Sichel. The statistical analysis of firm-level data on U.S. multinational companies and companies engaged in international transactions was conducted at the Bureau of Economic Analysis, U.S. Department of Commerce, under arrangements that maintain legal confidentiality requirements. The views expressed in this paper are solely those of the authors and not necessarily those of the U.S. Department of Commerce, the Bureau of Economic Analysis, the Federal Reserve Bank of Minneapolis, the Federal Reserve System, or the National Bureau of Economic Research.

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