Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/57611 
Erscheinungsjahr: 
2010
Schriftenreihe/Nr.: 
WTO Staff Working Paper No. ERSD-2010-13
Verlag: 
World Trade Organization (WTO), Geneva
Zusammenfassung: 
The previous literature provides a highly ambiguous picture on the impact of trade and investment agreements on FDI. Most empirical studies ignore the actual content of BITs and RTAs, treating them as black boxes, despite the diversity of investment provisions constituting the essence of these agreements. We overcome this serious limitation by analyzing the impact of modalities on the admission of FDI and dispute settlement mechanisms in both RTAs and BITs on bilateral FDI flows between 1978 and 2004. We find that FDI reacts positively to RTAs only if they offer liberal admission rules. Dispute settlement provisions play a minor role. While RTAs without strong investment provisions may even discourage FDI, the reactions to BITs are less discriminate with foreign investors responding favourably to the mere existence of BITs.
Schlagwörter: 
foreign direct investment
bilateral investment treaties
regional trade agreements
admission rules
investor-state dispute settlement
JEL: 
F21
F23
K33
Persistent Identifier der Erstveröffentlichung: 
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
227.15 kB





Publikationen in EconStor sind urheberrechtlich geschützt.