Colen, Liesbeth; Persyn, Damiaan; Guariso, Andrea - 2014
investment costs responds more strongly to the signing of BITs. Given that the development impact of FDI differs according to the …. While it is found that BITs are successful in attracting FDI, we argue that the effectiveness of BITs depends on the type of … FDI. We find the effect of BITs to differ importantly across sectors of investment. FDI characterized by higher sunk …