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Education ties and investments abroad. Empirical evidence from the US and UK

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  • Marina Murat

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Abstract

This paper analyses the impact of university student ties on the FDI of the US and UK into 167 countries during the period 1999-2010. University ties are measured by international students flows and alumni associations worldwide. Studies on transnational social networks suggest that effects should be higher on the FDI directed to the developing economies. The paper’s main findings are that international student flows and alumni associations abroad exert a positive influence on the FDI from the US and UK into the students’ home countries. More specifically, their influence is strong and significant in the group of developing countries. Results, similar for the US and UK, are robust to different regressors and econometric specifications.

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File URL: http://www.recent.unimore.it/wp/RECent-wp91.pdf
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Bibliographic Info

Paper provided by University of Modena and Reggio E., Dept. of Economics in its series Center for Economic Research (RECent) with number 091.

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Length: pages 29
Date of creation: Jul 2013
Date of revision:
Handle: RePEc:mod:recent:091

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Web page: http://www.recent.unimore.it/
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Keywords: International students; alumni; bilateral FDI; education networks;

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