Migrant networks and foreign direct investment
| Autor: | Cristina Neagu, Mariana Spatareanu, Beata Smarzynska Javorcik, Caglar Ozden |
|---|---|
| Rok vydání: | 2011 |
| Předmět: |
Economics and Econometrics
media_common.quotation_subject Immigration International Business F230 Developing country Foreign direct investment Development jel:F22 Country of origin Population Policies Economic Theory&Research Voluntary and Involuntary Resettlement Anthropology Human Migrations&Resettlements jel:F23 migration foreign direct investment ethnic networks Bilateral trade Long-term Capital Movements F210 Multinational Firms Multinational corporation International Investment Demographic economics Endogeneity Business Trade barrier International Migration F220 media_common |
| Zdroj: | Migrant Networks And Foreign Direct Investment |
| ISSN: | 0304-3878 |
| DOI: | 10.1016/j.jdeveco.2010.01.012 |
| Popis: | While there exists sizeable literature documenting the importance of ethnic networks for international trade, little attention has been devoted to studying the effects of networks on foreign direct investment (FDI). The existence of ethnic networks may positively affect FDI by promoting information flows across international borders and by serving as a contract enforcement mechanism. This paper investigates the link between the presence of migrants in the United States and U.S. FDI in the migrants' countries of origin, taking into account the potential endogeneity concerns. The results suggest that U.S. FDI abroad is positively correlated with the presence of migrants from the host country. The data further indicate that the relationship between FDI and migration is driven by the presence of migrants with a college education. |
| Databáze: | OpenAIRE |
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