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International labor and capital flows: complements or substitutes?

International labor and capital flows: complements or substitutes?
International labor and capital flows: complements or substitutes?
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.
FDI, skilled migration, business networks
0165-1765
155-162
Kugler, Maurice
4c79c98c-1810-4351-bf16-faeec2227e45
Rapoport, Hillel
38f0dcf0-fdd5-4a15-8af2-090b0bc7697d
Kugler, Maurice
4c79c98c-1810-4351-bf16-faeec2227e45
Rapoport, Hillel
38f0dcf0-fdd5-4a15-8af2-090b0bc7697d

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).

Record type: Article

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.

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Published date: February 2007
Keywords: FDI, skilled migration, business networks

Identifiers

Local EPrints ID: 48089
URI: http://eprints.soton.ac.uk/id/eprint/48089
ISSN: 0165-1765
PURE UUID: 23490697-6168-43e4-89eb-3865e9018e5e

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Date deposited: 24 Aug 2007
Last modified: 15 Mar 2024 09:42

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Contributors

Author: Maurice Kugler
Author: Hillel Rapoport

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