Laura Resmini , Luca Bettarelli , Vieri Calogero , Simona Comi , Mara Grasseni
{"title":"One-size-does-not-fit-all: The heterogeneous impact of BITs on regions participating in GPNs","authors":"Laura Resmini , Luca Bettarelli , Vieri Calogero , Simona Comi , Mara Grasseni","doi":"10.1016/j.pirs.2024.100013","DOIUrl":null,"url":null,"abstract":"<div><p>Bilateral Investment Treaties (BITs) are vital for safeguarding and enhancing foreign investments, pivotal in Global Production Networks (GPNs). This study assesses the impact of BITs on GPNs driven by EU multinational enterprises, with a focus on regions hosting corporate headquarters due to their influence on the local economy. While considering the endogeneity of BITs and their diverse effects on GPN structures, our findings reveal a positive correlation between BITs and GPNs, notably stronger in less globally integrated regions. Additionally, the influence varies based on firms' network role (headquarters or subsidiaries) and the spatial distribution of headquarters. BITs stimulate GPNs in less internationalized regions but have minimal impact in headquarters-rich regions.</p></div>","PeriodicalId":51458,"journal":{"name":"Papers in Regional Science","volume":"103 2","pages":"Article 100013"},"PeriodicalIF":2.4000,"publicationDate":"2024-03-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S1056819024000319/pdfft?md5=0b5f7e80372e4a07f2f65b01c1e7c0e3&pid=1-s2.0-S1056819024000319-main.pdf","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Papers in Regional Science","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S1056819024000319","RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
Bilateral Investment Treaties (BITs) are vital for safeguarding and enhancing foreign investments, pivotal in Global Production Networks (GPNs). This study assesses the impact of BITs on GPNs driven by EU multinational enterprises, with a focus on regions hosting corporate headquarters due to their influence on the local economy. While considering the endogeneity of BITs and their diverse effects on GPN structures, our findings reveal a positive correlation between BITs and GPNs, notably stronger in less globally integrated regions. Additionally, the influence varies based on firms' network role (headquarters or subsidiaries) and the spatial distribution of headquarters. BITs stimulate GPNs in less internationalized regions but have minimal impact in headquarters-rich regions.
期刊介绍：
Regional Science is the official journal of the Regional Science Association International. It encourages high quality scholarship on a broad range of topics in the field of regional science. These topics include, but are not limited to, behavioral modeling of location, transportation, and migration decisions, land use and urban development, interindustry analysis, environmental and ecological analysis, resource management, urban and regional policy analysis, geographical information systems, and spatial statistics. The journal publishes papers that make a new contribution to the theory, methods and models related to urban and regional (or spatial) matters.
求助内容：
应助结果提醒方式：
京公网安备 11010802042870号
