TY - UNPD A1 - Frenkel, Michael A1 - Walter, Benedikt T1 - Do Bilateral Investment Treaties attract foreign direct investment? N2 - This paper studies the effect of the strength of Bilateral Investment Treaties (BITs) on FDI activity. We develop an index for the strength of international dispute settlement provisions included in BITs in order to examine the role the content of BITs plays in attracting FDI. To this end we make use of data from the UNCTAD's International Investment Agreement Mapping Project and measure the provision strength of 1,676 BITs. Using panel data of bilateral and total inward FDI flows and stocks we study the effect of BITs on FDI. Our main finding indicates that stronger international dispute settlement provisions in BITs are indeed associated with positive effects on FDI activity. T3 - WHU – Working Paper Series in Economics - WP 17/08 KW - Investitionsschutzabkommen KW - Bilateral investment treaty KW - Zwischenstaatliches Schiedsverfahren KW - State-state dispute settlement (SSDS) KW - Investor-Staat-Schiedsverfahren KW - Investor-State dispute settlement (ISDS) KW - Ausländische Direktinvestition KW - Foreign Direct Investment (FDI) Y1 - 2018 UR - https://opus4.kobv.de/opus4-whu/frontdoor/index/index/docId/537 UR - https://nbn-resolving.org/urn:nbn:de:hbz:992-opus4-5373 PB - WHU - Otto Beisheim School of Management CY - Vallendar ER -