Publication:
Investment Treaties, Local Institutions and Policies in the Global Land Rush

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creativeworkseries.issn1564-698X
dc.contributor.authorAnti, Sebastian
dc.date.accessioned2024-02-23T16:17:36Z
dc.date.available2024-02-23T16:17:36Z
dc.date.issued2022-04-29
dc.description.abstractLarge-scale land acquisitions (LSLAs) are large tracts of land purchased or leased in low- and middle-income countries by multinational firms. This study examines whether these firms respond to the presence of bilateral investment treaties (BITs), whether BITs reinforce or undermine institutions in this process, and whether these firms respond to recipient-country environmental regulations. It analyzes data on LSLAs, BITs, and environmental policies from 2002 to 2012 in a gravity framework controlling for country-pair and time fixed effects. It finds a BIT is associated with a 96 to 149 percent increase in land deals and a 1 point increase in a recipient country's environmental protection index is associated with around a 36 percent decrease in the total amount of land investors lease or purchase in a country. Interactions between BITs and institutional measures in recipient countries yield large relationships with the number of LSLA deals between countries, although these are statistically insignificant.en
dc.identifierhttps://documents.worldbank.org/en/publication/documents-reports/documentdetail/099625212112341116
dc.identifier.citationThe World Bank Economic Review
dc.identifier.doi10.1596/41093
dc.identifier.issn0258-6770 (print)
dc.identifier.issn1564-698X (online)
dc.identifier.urihttps://hdl.handle.net/10986/41093
dc.language.isoen_US
dc.publisherPublished by Oxford University Press on behalf of the World Bank
dc.relation.ispartofseriesWorld Bank Economic Review
dc.rights.holderWorld Bank
dc.rights.licenseCC BY-NC-ND 3.0
dc.rights.urihttps://creativecommons.org/licenses/by-nc-nd/3.0/igo/
dc.subjectLAND INVESTMENT
dc.subjectMULTINATIONAL CORPORATIONS
dc.subjectENVIRONMENTAL POLICY
dc.subjectBILATERAL INVESTMENT TREATIES
dc.titleInvestment Treaties, Local Institutions and Policies in the Global Land Rushen
dc.typeJournal Article
dspace.entity.typePublication
okr.crossref.titleInvestment Treaties, Local Institutions and Policies in the Global Land Rush
okr.date.disclosure2024-02-23
okr.doctypePublications & Research
okr.doctypePublications & Research::Journal Article
okr.docurlhttps://documents.worldbank.org/en/publication/documents-reports/documentdetail/099625212112341116
okr.guid099625212112341116
okr.identifier.doi10.1093/wber/lhac004
okr.identifier.doihttps://doi.org/10.1596/41093
okr.identifier.report186344
okr.language.supporteden
okr.region.geographicalWorld
okr.topicCommunities and Human Settlements::Land Administration
okr.topicCommunities and Human Settlements::Land Use and Policies
okr.topicInternational Economics and Trade::Capital Flows
okr.unitDECVP
okr.volume36 (3)
relation.isJournalIssueOfPublication9883f96b-4922-41d1-904a-167a98b9e3e3
relation.isJournalIssueOfPublication.latestForDiscovery9883f96b-4922-41d1-904a-167a98b9e3e3
relation.isJournalOfPublicationc41eae2f-cf94-449d-86b7-f062aebe893f
relation.isJournalVolumeOfPublicationdd213de9-52ab-40e9-bb44-86bf0edc81b4
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