States have signed over 3,000 bilateral investment treaties (BITs). BITs stipulate the terms and conditions by which foreign investors from one country must be treated in another. A series of empirical studies have ...States have signed over 3,000 bilateral investment treaties (BITs). BITs stipulate the terms and conditions by which foreign investors from one country must be treated in another. A series of empirical studies have asked the question, do BITs increase foreign direct investment to less developed countries? This paper reviews the literature. While the studies come to conflicting results, most studies suffer from the same methodological misstep--they fail to account for variation in treaties. The paper concludes that the most productive path forward for future research efforts includes using dyadic research designs that account for variation in BITs.展开更多
The Canada-China bilateral investment treaty(BIT)——also known as a Foreign Investment Protection and Promotion Agreement(FIPPA)——was signed by Canada and China in September 2012 and ratified by China in February 2...The Canada-China bilateral investment treaty(BIT)——also known as a Foreign Investment Protection and Promotion Agreement(FIPPA)——was signed by Canada and China in September 2012 and ratified by China in February 2013.~①Canada’s federal government reportedly intended to ratify the treaty in or around November 2012;for unknown reasons,Canadahas not yet ratified the treaty thus precluding its entry into force.~②It is argued in this article that the treaty warrants closer scrutiny in both Canada and China and should not be permitted to enter into force.展开更多
双边投资协定(BIT)通过两国间政策安排的方式,降低了跨国投资者的投资门槛与风险,促进了中国OFDI的发展。但由于双边投资协定(BIT)签署国之间客观存在的发展水平与制度环境差距,其对中国OFDI影响的方式及程度可能存在明显的国别差异。利...双边投资协定(BIT)通过两国间政策安排的方式,降低了跨国投资者的投资门槛与风险,促进了中国OFDI的发展。但由于双边投资协定(BIT)签署国之间客观存在的发展水平与制度环境差距,其对中国OFDI影响的方式及程度可能存在明显的国别差异。利用2005—2012年中国对57个发展中国家的OFDI数据,通过面板校正标准差模(Panel-Corrected Standard Error,PCSE)考察了双边投资协定(BIT)与中国OFDI区位选择的关系。从检验结果看:双边投资协定对中国OFDI具有促进作用,而且这种促进作用对低制度环境国家更加明显。展开更多
文摘States have signed over 3,000 bilateral investment treaties (BITs). BITs stipulate the terms and conditions by which foreign investors from one country must be treated in another. A series of empirical studies have asked the question, do BITs increase foreign direct investment to less developed countries? This paper reviews the literature. While the studies come to conflicting results, most studies suffer from the same methodological misstep--they fail to account for variation in treaties. The paper concludes that the most productive path forward for future research efforts includes using dyadic research designs that account for variation in BITs.
文摘The Canada-China bilateral investment treaty(BIT)——also known as a Foreign Investment Protection and Promotion Agreement(FIPPA)——was signed by Canada and China in September 2012 and ratified by China in February 2013.~①Canada’s federal government reportedly intended to ratify the treaty in or around November 2012;for unknown reasons,Canadahas not yet ratified the treaty thus precluding its entry into force.~②It is argued in this article that the treaty warrants closer scrutiny in both Canada and China and should not be permitted to enter into force.
文摘双边投资协定(BIT)通过两国间政策安排的方式,降低了跨国投资者的投资门槛与风险,促进了中国OFDI的发展。但由于双边投资协定(BIT)签署国之间客观存在的发展水平与制度环境差距,其对中国OFDI影响的方式及程度可能存在明显的国别差异。利用2005—2012年中国对57个发展中国家的OFDI数据,通过面板校正标准差模(Panel-Corrected Standard Error,PCSE)考察了双边投资协定(BIT)与中国OFDI区位选择的关系。从检验结果看:双边投资协定对中国OFDI具有促进作用,而且这种促进作用对低制度环境国家更加明显。