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Transnational social capital and FDI. Evidence from Italian associations worldwide

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Listed:
  • Marina Murat
  • Barbara Pistoresi
  • Alberto Rinaldi

Abstract

Emigrant associations abroad are structured nodes of social networks; they are manifestations of a transnational social capital. Italian associations are numerous, spread across several countries, in some cases they exist since the end of the nineteenth century, and may count on high numbers of members. Also, they are robustly tied to the home country. This paper assesses the effects of Italian associations abroad on the bilateral FDI between Italy and the countries of settlement of Italian diaspora. The main results are that these effects are positive and strongly significant, especially for the inward FDI and relatively to the countries with the oldest associations.

Suggested Citation

  • Marina Murat & Barbara Pistoresi & Alberto Rinaldi, 2011. "Transnational social capital and FDI. Evidence from Italian associations worldwide," Center for Economic Research (RECent) 058, University of Modena and Reggio E., Dept. of Economics "Marco Biagi".
  • Handle: RePEc:mod:recent:058
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    References listed on IDEAS

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    Cited by:

    1. Hatzigeorgiou, Andreas & Lodefalk, Magnus, 2018. "Anti-Migration as a Threat to Internationalization? A Review of the Migration-Internationalization Literature," GLO Discussion Paper Series 287, Global Labor Organization (GLO).
    2. Barbara Pistoresi & Alberto Rinaldi, 2011. "Exports and Italy’s economic development: a long-run perspective (1863-2004)," Department of Economics 0655, University of Modena and Reggio E., Faculty of Economics "Marco Biagi".
    3. Francesco Lancia & Alessia Russo, 2011. "Self-Commitment-Institutions and Cooperation in Overlapping Generations Games," Center for Economic Research (RECent) 073, University of Modena and Reggio E., Dept. of Economics "Marco Biagi".
    4. Hatzigeorgiou, Andreas & Lodefalk, Magnus, 2017. "Anti-Migration as a Threat to Internationalization?," Ratio Working Papers 302, The Ratio Institute.
    5. Hatzigeorgiou, Andreas & Lodefalk, Magnus, 2018. "Do Migrants Facilitate Internationalization? A Review of the Literature," Working Papers 2018:11, Örebro University, School of Business, revised 19 Dec 2019.

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    More about this item

    Keywords

    international migration; FDI; Italy;
    All these keywords.

    JEL classification:

    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business

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