Research Catalog

Title

Analysis of the Economic Impact of Investment Provisions in Regional Trade Agreements [electronic resource] / Molly Lesher and Sébastien Miroudot

Author

Lesher, Molly.

Publication

Paris : OECD Publishing, 2006.

Details

Additional Authors

Miroudot, Sébastien.

Description

65 p.; 21 x 29.7cm.

Summary

As countries turn more to regionalism as a means of forwarding co-operation on trade rules and other areas of policymaking, rules on investment are increasingly being incorporated into regional trade agreements (RTAs). We analyse the economic consequences of including investment provisions in trade agreements by creating an index of the extensiveness of investment provisions in RTAs and then using that index in a gravity model framework of trade and investment. The results indicate that investment provisions are positively associated with trade and, to an even greater extent, investment flows. Further, we observe an insignificant effect of bilateral investment treaties on investment flows, suggesting either that substantive investment provisions in RTAs impact trade and FDI flows more profoundly, or that the combination of substantive investment rules and provisions liberalising other parts of the economy jointly impact trade and investment more significantly. The report also includes case studies that confirm that the relationship between investment and other provisions in trade agreements is complex and depends on many factors.

Series Statement

OECD Trade Policy Papers, 1816-6873 ; no.36

Uniform Title

OECD Trade Policy Papers, no.36.

Subject

Trade

LCCN

10.1787/322248021805

OCLC

oecd-lib-002109

Author

Lesher, Molly.

Title

Analysis of the Economic Impact of Investment Provisions in Regional Trade Agreements [electronic resource] / Molly Lesher and Sébastien Miroudot

Imprint

Paris : OECD Publishing, 2006.

Series

OECD Trade Policy Papers, 1816-6873 ; no.36

OECD Trade Policy Papers, 1816-6873 ; no.36.

Connect to:

http://dx.doi.org/10.1787/322248021805

Indexed Term

Trade

Added Author

Miroudot, Sébastien.

Other Standard Identifier

10.1787/322248021805 doi