Publication
Feb 2008
This paper examines the effectiveness of bilateral investment treaties (BITs) in inducing higher foreign direct investment (FDI) inflows to developing countries. The authors use a larger sample of host and source countries than previous inconclusive empirical studies and find that BITs do promote FDI inflows and that they may even substitute for weak domestic institutions. They present a gravity-type model and discuss methodological choices and the data.
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English (PDF, 37 pages, 685 KB) |
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Author | Matthias Busse, Jens Königer, Peter Nunnenkamp |
Series | Kiel Institute Working Papers |
Issue | 1403 |
Publisher | Kiel Institute for the World Economy |
Copyright | © 2008 Kiel Institute for the World Economy |