...
首页> 外文期刊>The Annals of regional science >FDI and immigration: a regional analysis
【24h】

FDI and immigration: a regional analysis

机译:外国直接投资与移民:区域分析

获取原文
获取原文并翻译 | 示例
           

摘要

Does immigration affect foreign direct investment? Existing studies on immigration and FDI have all looked at aggregate flows at the national level, arguing that immigrant networks lower the risk of foreign investment through increased information flows and a built in market. However, these national-level studies suffer from identification problems since many of the factors that attract immigrants also attract FDI. This study improves upon identification by looking at the regional distribution of both FDI and immigration from 10 source countries to the 50 US states. Using a unique measure of immigrant network size in each state, I find that immigration is not only positively correlated with FDI, it tends to lead it as well. Comparing a state with an average sized immigrant network to one with a network twice as large, I estimate that the stronger network state will get on average 20 more foreign-owned affiliates opening per year, an effect that is quite persistent over time. On average, more skilled immigrant communities attract more FDI, while the pull effect of immigration on FDI also increases with immigrant ties to native countries and with immigrant influence in local communities. These results suggest that immigration creates a positive externality in foreign investment that must be considered when assessing the costs and benefits of labor mobility.
机译:移民会影响外国直接投资吗?现有的有关移民和外国直接投资的研究都研究了国家一级的总流量,认为移民网络通过增加信息流和建立市场来降低外国投资的风险。但是,由于许多吸引移民的因素也吸引了外国直接投资,因此这些国家一级的研究存在识别问题。通过研究外国直接投资和从10个来源国到美国50个州的移民的区域分布,本研究提高了识别能力。通过对每个州的移民网络规模进行独特的测量,我发现移民不仅与外国直接投资呈正相关,而且也往往导致外国直接投资。将一个拥有平均规模的移民网络的州与拥有一个两倍规模的网络的州进行比较,我估计,更强大的网络州平均每年将新增20个外资分支机构,这种影响随着时间的推移会持续存在。平均而言,技术娴熟的移民社区吸引了更多的外国直接投资,而移民对外国直接投资的拉动效应也随着与本国的移民联系以及当地社区的移民影响而增加。这些结果表明,移民对外国投资产生了积极的外部性,在评估劳动力流动的成本和收益时必须考虑这一外部性。

著录项

  • 来源
    《The Annals of regional science》 |2012年第1期|p.237-259|共23页
  • 作者

    Hisham Foad;

  • 作者单位

    Department of Economics, San Diego State University, 5500 Campanile Drive,San Diego, CA 92182, USA;

  • 收录信息
  • 原文格式 PDF
  • 正文语种 eng
  • 中图分类
  • 关键词

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱:kefu@zhangqiaokeyan.com

京公网安备:11010802029741号 ICP备案号:京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有
  • 客服微信

  • 服务号