Do Bilateral Investment Treaties Affect FDI Flows? A Retrospective Study with Some Implications for Asia

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Title Do Bilateral Investment Treaties Affect FDI Flows? A Retrospective Study with Some Implications for Asia
Author Min, Byung-Seong
Journal Name Asia Pacific Journal of Economics & Business
Year Published 2010
Place of publication Australia
Publisher Curtin University of Technology
Abstract Effects of bilateral investment treaties (BIT) on foreign direct investment (FDI) has been controversial. Extending Neumayer et al. (2005) this paper supports the positive effects. In particular, we found this positive effect was observed when neighbouring countries competed for BIT ratification. This finding was robust regardless of using parametric (the difference-in-difference method) and non-parametric (i.e. the propensity score matching) estimation methods. One overall policy implication from our estimation to a country including the Asia region is that a country's policy function to attract FDI may need to take into account neighbouring countries FDI policies.
Peer Reviewed Yes
Published Yes
Publisher URI http://www.business.curtin.edu.au/index.cfm?objectId=507F057D-D0CA-3156-D33346CCE241C4F7
Volume 14
Issue Number 2
Page from 49
Page to 65
ISSN 1326-8481
Date Accessioned 2010-12-13
Date Available 2011-01-25T02:21:36Z
Language en_AU
Research Centre Griffith Asia Institute
Faculty Griffith Business School
Subject International Business
URI http://hdl.handle.net/10072/35683
Publication Type Journal Articles (Refereed Article)
Publication Type Code c1

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