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More stringent BITs, less ambiguous effects on FDI? Not a bit!

We focus on investor-state dispute settlement provisions contained in various, though far from all, bilateral investment treaties as a possible determinant of BIT-related effects on bilateral FDI flows. Our estimation results prove to be sensitive to the specification of these provisions as well as the inclusion of transition countries in the sample. Stricter dispute settlement provisions do not necessarily result in higher FDI inflows so that the effectiveness of BITs as a credible commitment device remains elusive.
Year of publication:
2010
Authors: Berger, Axel ; Busse, Matthias ; Nunnenkamp, Peter ; Roy, Martin
Institutions: Economic Research and Statistics Division (ERSD), World Trade Organization (WTO)
Subject: Dispute Settlement | BITs | FDI flows
Extent:
application/pdf
Series:
Type of publication: Book / Working Paper
Notes:
Number ERSD-2010-10
Classification: F21 - International Investment; Long-Term Capital Movements ; F23 - Multinational Firms; International Business ; K33 - International Law
Source:
Persistent link: https://ebvufind01.dmz1.zbw.eu/10011115105
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