International labor and capital flows: complements or substitutes?


Kugler, Maurice and Rapoport, Hillel (2007) International labor and capital flows: complements or substitutes? Economics Letters, 94, (2), 155-162. (doi:10.1016/j.econlet.2006.06.023).

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Description/Abstract

In a global context, foreign direct investment (FDI) and migration substitute one another in the matching process between workers and firms. Yet, migrants provide information about future investment opportunities in their country of origin. Evidence from U.S. data is consistent with contemporaneous substitutability and dynamic complementarity between migration and FDI.

Item Type: Article
ISSNs: 0165-1765 (print)
Related URLs:
Keywords: FDI, skilled migration, business networks
Subjects: J Political Science > JV Colonies and colonization. Emigration and immigration. International migration
H Social Sciences > HB Economic Theory
Divisions: University Structure - Pre August 2011 > School of Social Sciences > Economics
ePrint ID: 48089
Date Deposited: 24 Aug 2007
Last Modified: 27 Mar 2014 18:31
Contact Email Address: mdk1@soton.ac.uk
URI: http://eprints.soton.ac.uk/id/eprint/48089

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