Do bilateral investment treaties increase foreign direct investment to developing countries

By Eric Neumayer, Laura Spess. 2005

671 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/84b5cc5bf29adb2a2f766b6c7901ac753769a8ca

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Citations in the corpus

Globalization and the Right to Free Association and Collective (2005, positive): “Slightly problematic is the total number of BITs signed, which is included since countries with a higher number of BITs can be expected to attract more FDI (Neumayer & Spess, 2005).”
Foreign Direct Investment and Bilateral Investment Treaties an International Political Perspective (2009, background): “Hallward-Driemeier (2003) nds evidence that BITs are complementary to good domestic institutions whereas Neumayer and Spess (2005) suggest that BITs function as substitutes for good domestic institutional quality.”
Determinants of FDI in developed and developing countries: a quantitative analysis using GMM (2018, background): “Neumayer and Spess (2005) emphasized on quality of domestic institution, enforceability of law, and emphasized on bilateral investment treaties (BITs) of developing countries to have higher foreign direct inflows.”
Political risk spreads (2014, positive): “…by developing countries, such as the adoption of bilateral investment treaties, suggest that political actors in developing countries are aware of the negative effects of political risk on FDI and are willing to accept restrictions on their sovereignty to mitigate them (see Neumayer & Spess, 2005).”
Why Should I Believe You? The Costs and Consequences of Bilateral Investment Treaties (2009, background): “Foreign investors favor host countries that will not expropriate from them in the future (Büthe and Milner 2008; Henisz 2000; Jensen 2003, 2006; Li and Resnick 2003; Neumayer and Spess 2005).”
FDI promotion through bilateral investment treaties: more than a bit? (2010, methodology): “ Neumayer and Spess (2005) lag BITs by one period to mitigate”
Relationship between Institutional Factors and FDI Flows in Developing Countries: New Evidence from Dynamic Panel Estimation (2017, methodology): “Among pull factors, in order to represent market size, we include GDP per capita, as did Neumayer and Spess (2005) and Bénassy-Quéré et al. (2007); to account for market potential, we use the lagged levels of annual GDP growth rate of host country as argued by Chakrabarti (2001).”
Ratification counts: US investment treaties and FDI flows into developing countries (2010, methodology): “It is widely used by studies on the effect of BITs on FDI (Aisbett, 2007; Büthe and Milner, 2008; Egger and Pfaffermayr, 2004; Neumayer and Spess, 2005; Tobin and Rose-Ackerman, 2006).”
When BITs have some bite: The political-economic environment for bilateral investment treaties (2011, methodology): “Further, to maintain similarity with the existing BITs literature we base our model on the specification in Neumayer and Spess (2005) .”
Globalisation, Women's Economic Rights and Forced Labour (2007, background): “The literature on the determinants of FDI (see Neumayer and Spess, 2005 ) is much less specific and consistent, however, than the gravity model is for trade openness.”
Spatial Effects in Dyadic Data (2010, methodology): “…one might theorize that diffusion works mainly via specific target and specific source contagion+ If, say, Chile has managed to conclude such 38+ See Neumayer and Spess 2005+ 164 International Organization an agreement with the United States, other developing countries such as Peru, Colombia, and…”