We're looking at the temporal evolution now and plan to rerun it every year, we'll have results of the last 8 years in a few weeks.
-
-
Replying to @javiergb_com @1867ben and
I wouldn't expect material changes over the last 8 years, but would be very interested if I'm wrong!
1 reply 0 retweets 1 like -
Replying to @DanNeidle @javiergb_com and
Authors:help me understand what 'sink' means? i.e.'attract & retain capital', 'store capital'. How? Capital not deployed on small islands
1 reply 0 retweets 0 likes -
Replying to @MForstater @DanNeidle and
Meaning that we lose the thread indeed, or the companies are owned by individuals (for instance in the case of Luxembourg).
1 reply 0 retweets 0 likes -
Replying to @javiergb_com @DanNeidle and
Losing the thread is a data thing - does not mean capital itself is sunk or stored there. In practice does this mean end of chain = funds?
2 replies 0 retweets 0 likes -
Replying to @MForstater @DanNeidle and
There is a correlation between ownership and capital flow. We don't know what happens after BM or VG, the capital is definitely not there.
1 reply 0 retweets 0 likes -
Replying to @javiergb_com @MForstater and
You mean is not _beneficially owned_ there?
1 reply 0 retweets 0 likes -
Replying to @1867ben @MForstater and
It may, but the capital is not there. The company is incorporated in VG, the money is reinvested somewhere else.
3 replies 0 retweets 0 likes -
Replying to @javiergb_com @MForstater and
So your comment about being 'reinvested' makes no sense if what you are missing is info on the credit side from the sinks.
2 replies 0 retweets 0 likes -
Replying to @1867ben @MForstater and
If the ownership chain ends in VG and we're not missing info, then it is likely that capital flows there and gets reinvested.
3 replies 0 retweets 0 likes
Do you mean capital or returns? Returns flow up the chain to owners. Can be reinvested or paid out. Capital (apart from patents) not in OFCs
-
-
-
Replying to @javiergb_com @1867ben and
I think you mean 'returns' whenever you say 'capital' in the paper - it completely changes the meaning. It is back-to-front
2 replies 0 retweets 2 likes - 15 more replies
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.