Title: The impact of bilateral investment treaties on foreign direct investment
Abstract: This paper uses a large panel of OECD data on stocks of outward foreign direct investment (FDI) to evaluate the impact of bilateral investment treaties. For several variants of the knowledge capital model of multinationals, we demonstrate that investment treaties exert a significant positive effect on outward FDI, if they actually are implemented. Moreover, even signing a treaty has a positive, although lower and in most specifications insignificant, effect on FDI. Journal of Comparative Economics 32 (4) (2004) 788–804.
Publication Year: 2004
Publication Date: 2004-12-01
Language: en
Type: article
Indexed In: ['crossref']
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Cited By Count: 279
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