Kuusi, Tero; Ali-Yrkkö, Jyrki - 2021
home investments. We consider BITs as "treatments" that provide further access to global value chains (GVCs). We identify … the causal impacts of the BITs on the relationship between home investments and the deepening of GVCs, with identification …-added growth more after the signing of a treaty. The negative link between non-Chinese investments and the pre-treaty exposure also …