Cuevas, Alfredo; Messmacher, Miguel; Werner, Alejandro - In: The World Bank Economic Review 19 (2005) 3, pp. 473-488
Cross-country panel data are used to assess the effect of free-trade agreements on flows of foreign direct investment (FDI). Free-trade agreements are found to have a significant positive effect on FDI flows, and free-trade agreements are found to matter more for the smaller members of the...