Beyond Trade: The Impact of Preferential Trade Agreements on FDI Inflows

Beyond Trade: The Impact of Preferential Trade Agreements on FDI Inflows

This paper investigates the effects of preferential trade agreements (PTAs) on net FDI inflows of member countries using a comprehensive database of PTAs in a panel setting. PTA membership is associated with a positive change in net FDI inflows and FDI gains increase with the market size of PTA part...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
Veröffentlicht in:World development 2012, Vol.40 (1), p.49-61
1. Verfasser: Medvedev, Denis
Format: Artikel
Sprache:eng
Schlagworte:
Capital flow
Contracts
Developing Countries
Estimation
Export-import trade
Foreign direct investment
foreign direct investment (FDI)
Foreign investment
Foreign investments
Free trade and protection
Impact analysis
inflow
International integration
Market structure
Markets
Membership
Panel data
preferential trade agreements
Social Integration
Studies
Sustainable development
Trade
Trade agreements
Trade liberalization
Trade preferences
world
Online-Zugang:Volltext
Tags: Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
Beschreibung
Zusammenfassung:This paper investigates the effects of preferential trade agreements (PTAs) on net FDI inflows of member countries using a comprehensive database of PTAs in a panel setting. PTA membership is associated with a positive change in net FDI inflows and FDI gains increase with the market size of PTA partners and their proximity to the host country. The estimated relationship is driven by the developing countries in the sample and agreements signed in the late 1990s–early 2000s, a period when the majority of “deep integration” PTAs have been advanced.
ISSN:0305-750X
1873-5991
DOI:10.1016/j.worlddev.2011.04.036