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Attracting FDI through BITs and RTAs: Does treaty content matter?

Matthias Busse; Martin Roy; Axel Berger; Peter Nunnenkamp; Columbia University. Vale Columbia Center on Sustainable International Investment

Title:
Attracting FDI through BITs and RTAs: Does treaty content matter?
Author(s):
Busse, Matthias; Roy, Martin; Berger, Axel; Nunnenkamp, Peter; Columbia University. Vale Columbia Center on Sustainable International Investment
Date:
Type:
Reports
Department:
Vale Columbia Center on Sustainable International Investment
Permanent URL:
Series:
Columbia FDI Perspectives
Part Number:
75
Abstract:
The authors analyze empirically whether the impact of BITs and RTAs on bilateral FDI flows depends on the inclusion of two legal innovations: investor-state dispute settlement (ISDS) and pre-establishment national treatment (NT) provisions. Indeed, they find strong evidence that liberal NT provisions promote FDI. ISDS mechanisms appear to play a minor role. Surprisingly, the impact of similar investment provisions on FDI depends on whether these provisions are contained in RTAs or BITs.
Subject(s):
Finance, Economics
Item views:
200
Metadata:
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