Please use this identifier to cite or link to this item: https://hdl.handle.net/2440/128380
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Type: Journal article
Title: The international trade effects of bilateral investment treaties
Author: Heid, B.S.
Vozzo, I.
Citation: Economics Letters, 2020; 196:1-4
Publisher: Elsevier
Issue Date: 2020
ISSN: 0165-1765
1873-7374
Statement of
Responsibility: 
Benedikt Heid, Isaac Vozzo
Abstract: We study the international trade effects of bilateral investment treaties (BITs) and compare them to those of regional trade agreements (RTAs). We find that a BIT increases bilateral international trade flows by similar amounts as an RTA if the RTA contains an investment chapter. BITs have larger international trade effects than RTAs without an investment chapter. Results are robust to controlling for the effects of unilateral investment laws. They imply that evaluations of trade and investment agreements should also consider investment regulation.
Keywords: Bilateral investment treaties; Regional trade agreements; International trade; Structural gravity
Description: Available online 12 September 2020
Rights: © 2020 Elsevier B.V. All rights reserved.
DOI: 10.1016/j.econlet.2020.109569
Grant ID: http://purl.org/au-research/grants/arc/DP190103524
Published version: http://dx.doi.org/10.1016/j.econlet.2020.109569
Appears in Collections:Aurora harvest 4
Economics publications

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