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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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.
|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
|Date Deposited:||24 Aug 2007|
|Last Modified:||27 Mar 2014 18:31|
|RDF:||RDF+N-Triples, RDF+N3, RDF+XML, Browse.|
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