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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), pp. 155-162. (doi:10.1016/j.econlet.2006.06.023).

Record type: Article


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


Local EPrints ID: 48089
ISSN: 0165-1765
PURE UUID: 23490697-6168-43e4-89eb-3865e9018e5e

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Date deposited: 24 Aug 2007
Last modified: 17 Jul 2017 15:00

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Author: Maurice Kugler
Author: Hillel Rapoport

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