Davies, Ronald B.2003-08-202003-08-202003-06-10https://hdl.handle.net/1794/116Bilateral tax treaties are an important method of international tax cooperation. I survey the existing literature on these agreements, highlighting the differences between the standard view that treaties increase foreign direct investment and the empirical evidence that finds no such effect. I also provide new empirical results on the impact of renegotiations on foreign direct investment. I find that, comparable to other empirical studies on tax treaties, renegotiations have no robust positive impact on FDI.228352 bytesapplication/pdfen-USInternational economicsPublic economicsWorking Paper