Do Investment Agreements Matter?

• 영문명: Do Investment Agreements Matter?
• 발행기관: 세종대학교 경제통합연구소
• 저자명: Rashmi Banga
• 간행물 정보: 『Journal of Economic Integration』제21권 제1호, 40~63쪽, 전체 24쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2006.03.31

영문 초록

The study estimates the impact of bilateral investment agreements (BITs) on FDI inflows into fifteen Asian developing countries for the period 1980-81 to 1999-2000 and examines whether signing an investment agreement with a developed country or a developing country matters. It also examines the impact of regional investment agreements, namely between APEC and ASEAN countries on FDI inflows. Panel data estimations are undertaken and the results show that signing BITs attracts FDI inflows. However, it is BITs with developed countries that increase FDI inflows as compared to BITs with developing countries. Results indicate that investment agreement between APEC countries has increased FDI inflows but that amongst ASEAN countries has had no impact.

목차

Ⅰ. Introduction

Ⅱ. Foreign Direct Investment Agreements

Ⅲ. Theoretical Framework and Model Specification

Ⅳ. Variables, Data Sources and Expected Relationships

Ⅴ. Empirical Results

키워드

Determinants of Foreign Direct Investment Bilateral Investment Treaties Regional Investment Agreements Economic Fundamentals