We focus on investor-state dispute settlement provisions contained in various, though far from all, bilateral investment treaties as a possible determinant of BIT-related effects on bilateral FDI flows. Our estimation results prove to be sensitive to the specification of these provisions as well...

Over the past two decades, Korea has aggressively concluded a vast range of international investment agreements (IIAs) in the form of free trade agreements (FTAs) or bilateral investment treaties (BITs). Tracing how Korea's investment treaties have evolved over the years is significant also for...