Kerner, A. (2018). What Can We Really Know about BITs and FDI? ICSID Review: Foreign Investment Law Journal, 33, 1-13.
https://doi.org/10.1093/icsidreview/six038

has been cited by the following article:

• TITLE: BITs and FDI Revisited: A Matching Approach

  AUTHORS: Terence K. Teo

  KEYWORDS: Bilateral Investment Treaties, Foreign Direct Investment, Coarsened Exact Matching

  JOURNAL NAME: Open Journal of Political Science, Vol.11 No.2, April 30, 2021

  ABSTRACT: Bilateral Investment Treaties (BITs) are legal agreements between two governments with the goal of protecting and attracting FDI. However, existing research on whether BITs fulfill their intended purpose remains mixed. I argue that the empirical analysis of BITs must statistically account for the selection into BIT signing to identify the effects of BITs on FDI. Using a matching approach, I find that BITs do attract FDI.