Migration and Trade: Complements or Substitutes? Evidence from Turkish Migration to Germany
AbstractThis study investigates whether migration and trade can be regarded as complements or substitutes using the data on Turkish migration to Germany for the period 1963-2004. In contrast to previous studies that investigated this question using gravity equations, we conduct our analysis using the cointegration framework. In line with the previous literature, our results support the view that migration and trade are complements.
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Bibliographic InfoArticle provided by M.E. Sharpe, Inc. in its journal Emerging Markets Finance and Trade.
Volume (Year): 45 (2009)
Issue (Month): 5 (September)
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Web page: http://mesharpe.metapress.com/link.asp?target=journal&id=111024
cointegration; economic development; migration; trade;
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