The impact of bilateral investment treaties on foreign direct investment

被引：191
|
作者：
Egger, P [1 ]
Pfaffermayr, M
机构：
[1] Univ Notre Dame, Helen Kellogg Inst Int Studies, Hesburgh Ctr 130, Notre Dame, IN 46556 USA
[2] Univ Innsbruck, A-6020 Innsbruck, Austria
来源：
JOURNAL OF COMPARATIVE ECONOMICS | 2004年 / 32卷 / 04期
关键词：
D O I：
10.1016/j.jce.2004.07.001
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper uses a large panel of OECD data on stocks of outward foreign direct investment (FDI) to evaluate the impact of bilateral investment treaties. For several variants of the knowledge capital model of multinationals, we demonstrate that investment treaties exert a significant positive effect on outward FDI, if they actually are implemented. Moreover, even signing a treaty has a positive, although lower and in most specifications insignificant, effect on FDI. (C) 2004 Association for Comparative Economic Studies. Published by Elsevier Inc. All rights reserved.
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页码：788 / 804
页数：17
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