Transnational Social Capital And Fdi: Evidence From Italian Associations Worldwide
This paper studies the influence of a country¡¯s transnational social capital - defined as the shared customary values and beliefs of emigrant communities - on its external transactions. It uses Italy¡¯s emigrant associations abroad as a proxy of transnational social capital and measures its effects on Italy¡¯s bilateral FDI. Our results are that the associative activity of emigrants, which partly dates far back into the past, positively and strongly affects the Italian bilateral FDI, especially concerning the countries hosting the older associations and the FDI into Italy.
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Volume (Year): 36 (2011)
Issue (Month): 4 (December)
Pages: 1-15
| Handle: | RePEc:jed:journl:v:36:y:2011:i:4:p:1-15 |
| Contact details of provider: | Web page: http://www.jed.or.kr/ More information through EDIRC
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References listed on IDEAS
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.:
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0546, University of Modena and Reggio E., Faculty of Economics "Marco Biagi".
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- Sarah Y. Tong, 2005. "Ethnic Networks in FDI and the Impact of Institutional Development," Review of Development Economics, Wiley Blackwell, vol. 9(4), pages 563-580, November.
- Murat Marina & Pistoresi Barbara & Rinaldi Alberto, 2009. "Reti migratorie e investimenti diretti esteri italiani: una prospettiva cliometrica," Rivista di storia economica, Società editrice il Mulino, issue 2, pages 225-254.
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