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Skilled Migration and Business Networks Author info | Abstract | Publisher info | Download info | Related research | Statistics Frederic, DOCQUIER (UNIVERSITE CATHOLIQUE DE LOUVAIN, Department of Economics)
Elisabetta, LODIGINI (UNIVERSITE CATHOLIQUE DE LOUVAIN, Department of Economics)
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The role of migrantsÕ networks in promoting cross border investments has been stressed in the literature, possibly making migration and FDI complements rather than substitutes in the long run. In this paper, we estimate the magnitude of such business network externalities in dynamic empirical models of FDI-funded capital accumulation. We use original data on capital and migration stocks rather than flows. Regarding migrants, we distinquish the total and the skilled diasporas abroad. In both cross-sectional and panel frameworks, we find evidence of strong network externalities, mainly associated to the skilled diaspora. These network externalities are stronger for countries exhibiting intermediate corruption index.
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Paper provided by Université catholique de Louvain, Département des Sciences Economiques in its series Discussion Papers (ECON - Département des Sciences Economiques) with number
2006036.
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Length: 38
Date of creation: 11 Oct 2006Date of revision:
Handle: RePEc:ctl:louvec:2006036Contact details of provider: Postal: Place Montesquieu 3, 1348 Louvain-la-Neuve (Belgium) Fax: +32 10473945 Email: Web page: http://www.uclouvain.be/econ More information through EDIRC
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Keywords: FD1 ; Migration ; Brain Drain ; Network ; Diaspo ; Other versions of this item:
Find related papers by JEL classification: F2 - International Economics - - International Factor Movements and International Business O15 - Economic Development, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration Z13 - Other Special Topics - - Cultural Economics - - - Social Norms and Social Capital; Social Networks Economic Anthropology
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references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Daniele Checchi & Gianfranco De Simone & Riccardo Faini, 2007.
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