relation: http://eprints.imtlucca.it/74/
title: Investment Discrimination and the Proliferation of Preferential Trade  Agreements
creator: Baccini, Leonardo
creator: Duer, Andreas
subject: JA Political science (General)
description: The proliferation of bilateral and regional trade agreements has arguably been the main  change to the international trading system since the end of the Uruguay Round in the mid-  1990s. We argue that investment discrimination plays a major role in this development.  Preferential trade agreements can lead to investment discrimination because of tariff  differentials on intermediary products and as result of provisions that relax investment rules  for the parties to the agreement. Excluded countries are sensitive to the costs that this  investment discrimination imposes on domestic firms and react by signing a trade agreement  that aims at leveling the playing field. We test our argument using a spatial econometric  model and a newly compiled dataset that includes 166 countries and covers a period of 18  years (1990-2007). Our findings strongly support the argument that investment discrimination  is a major driver of the proliferation of trade agreements.
date: 2010
type: Working Paper
type: NonPeerReviewed
format: application/pdf
language: en
identifier: http://eprints.imtlucca.it/74/1/baccini_duer_2010a.pdf
identifier:   Baccini, Leonardo and Duer, Andreas  Investment Discrimination and the Proliferation of Preferential Trade Agreements.  Working Paper       (Unpublished)