Salacuse, J., & Sullivan, N. (2005). Do BITs Really Work: An Evaluation of Bilateral Investment Treaties and Their Grand Bargain. Harvard International Law Journal, 46, 67-130.
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.