Abstract
Estimating two-step selection models, we find that more democratic governments are more likely to conclude preferential trade agreements (PTAs) and to agree to stricter investment provisions related to pre-establishment national treatment and investor–state dispute settlement in PTAs. This is surprising when considering the potentially high costs of litigation.
| Original language | English |
|---|---|
| Pages (from-to) | 812 - 815 |
| Journal | Applied Economics Letters |
| Volume | 23 |
| Issue number | 11 |
| DOIs | |
| Publication status | Published - 2016 |
Austrian Classification of Fields of Science and Technology (ÖFOS)
- 509003 Development cooperation
- 502025 Econometrics
- 502046 Economic policy
- 502003 Foreign trade