Heterogeneous effects of nontariff measures on cross‐border investments: Bilateral firm‐level analysis

نویسندگان

چکیده

We analyze the heterogeneous effects of technical regulations and safety standards embodied in nontariff measures on foreign direct investment using global firm-level panel data bilateral cross-border ownership relationships over period 2008–2018. develop a novel measure time-varying ad valorem equivalents sectoral measures, which reveals that barriers to trade (TBTs) played much greater role as trade-inhibiting factor comparison with import tariffs sanitary phytosanitary (SPS) 1996–2018. Estimations Poisson pseudo-maximum likelihood framework reveal importance driver investment.

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ژورنال

عنوان ژورنال: Review of International Economics

سال: 2022

ISSN: ['0965-7576', '1467-9396']

DOI: https://doi.org/10.1111/roie.12621