Department of Economics Working Papers,
Vienna University of Economics and Business, Department of Economics

Abstract: Based on a thorough analysis of theoretical arguments, this meta-analysis does not find a genuine empirical effect of Bilateral Investment Treaties on Foreign Direct Investment after correcting for publication selection bias.

Keywords: bilateral investment treaty (BIT), foreign direct investment (FDI), policy evaluation

JEL-codes: C83; K33; F21 August 2015

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