Data di Pubblicazione:
2008
Citazione:
Murat, Marina Giovanna, Barbara, Pistoresi e Alberto, Rinaldi. "Italian diaspora and foreign direct investment: a cliometric perspective." Working paper, RECENT WORKING PAPER SERIES, RECent (Center for Economic Research) - Dipartimento di Economia Marco Biagi - Università di Modena e Reggio Emilia, 2008. https://doi.org/10.25431/11380_619459
Abstract:
Recent economic literature highlights that migrant networks help to overcome the
informal barriers that exist in the international markets and boost international investment.
Empirical studies on different countries confirm this prediction. This paper estimates (OLS-IV) an econometric model to study the impact of both emigration and immigration on Italy’s bilateral foreign direct investment (FDI). The main result is that only the Italian diaspora has a significant positive effect on Italy’s both inward and outward FDI. A theoretical framework, a profile of the diaspora and of immigration in Italy and some exemplary entrepreneurial histories help to interpret
the econometric evidence.
informal barriers that exist in the international markets and boost international investment.
Empirical studies on different countries confirm this prediction. This paper estimates (OLS-IV) an econometric model to study the impact of both emigration and immigration on Italy’s bilateral foreign direct investment (FDI). The main result is that only the Italian diaspora has a significant positive effect on Italy’s both inward and outward FDI. A theoretical framework, a profile of the diaspora and of immigration in Italy and some exemplary entrepreneurial histories help to interpret
the econometric evidence.
Tipologia CRIS:
Working paper
Keywords:
International investment; migrant networks; entrepreneurial histories
Elenco autori:
Murat, Marina Giovanna; Pistoresi, Barbara; Rinaldi, Alberto
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