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Diaspora Investments and Firm Export Performance in Selected Sub-Saharan African Countries

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  • Boly, Amadou
  • Coniglio, Nicola Daniele
  • Prota, Francesco
  • Seric, Adnan

Abstract

Diasporans can contribute to the development of their home countries by investing their capital in existing businesses and/or setting up new ventures in their countries-of-origin. This paper analyzes whether these growingly important investors differ from domestic firms and foreign investors in terms of export behavior. Our results indicate that diaspora firms are more likely to be exporters, to export more intensively and toward more destinations compared to domestic firms; in addition their export performance is not substantially dissimilar to that of MNEs. The presence of diaspora investors and entrepreneurs may contribute to boost the internationalization of developing countries.

Suggested Citation

  • Boly, Amadou & Coniglio, Nicola Daniele & Prota, Francesco & Seric, Adnan, 2014. "Diaspora Investments and Firm Export Performance in Selected Sub-Saharan African Countries," World Development, Elsevier, vol. 59(C), pages 422-433.
  • Handle: RePEc:eee:wdevel:v:59:y:2014:i:c:p:422-433
    DOI: 10.1016/j.worlddev.2014.02.006
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    Cited by:

    1. Moran, Theodore H. & Görg, Holger & Seric, Adnan & Krieger-Boden, Christiane, 2017. "How to Attract Quality FDI?," KCG Policy Papers 2, Kiel Centre for Globalization (KCG).
    2. Vito Amendolagine & Nicola D. Coniglio, 2014. "Economic Enclaves or Bridges to the Global Economy? Foreign and Diaspora Investments in Developing Countries," RSCAS Working Papers 2014/10, European University Institute.
    3. Moran, Theodore H. & Görg, Holger & Seric, Adnan, 2016. "Quality FDI and Supply-Chains in Manufacturing: Overcoming Obstacles and Supporting Development," KCG Policy Papers 1, Kiel Centre for Globalization (KCG).
    4. Luigi Ventura & Mark David Witte, 2017. "Migration and the Currency Denomination of Trade," International Migration Review, Wiley Blackwell, vol. 51(2), pages 452-474, June.
    5. Mbaye, Linguère Mously & Tani, Massimiliano, 2019. "Migration, Innovation, and Growth: An African Story?," IZA Discussion Papers 12533, Institute of Labor Economics (IZA).
    6. Mawussé K. N. Okey, 2017. "Does migration promote industrial development in Africa?," Economics Bulletin, AccessEcon, vol. 37(1), pages 228-247.

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