Journal Article
Democracies Cooperate More - Even Where It Threatens to Bite?
Autoren
Erscheinungsdatum
DOI
10.1080/13504851.2015.1111979
JEL Classification
F13
F42
Internationaler Handel
Direktinvestitionen
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.
