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).

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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
Digital Object Identifier (DOI): doi:10.1016/j.econlet.2006.06.023
ISSNs: 0165-1765 (print)
Keywords: FDI, skilled migration, business networks
Subjects:
ePrint ID: 48089
Date :
Date Event
February 2007Published
Date Deposited: 24 Aug 2007
Last Modified: 16 Apr 2017 18:25
Further Information:Google Scholar
URI: http://eprints.soton.ac.uk/id/eprint/48089

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