Migrant Networks and Trade: The Vietnamese Boat People as a Natural Experiment
Pierre-Louis Vézina and
Christopher Parsons
No 705, Economics Series Working Papers from University of Oxford, Department of Economics
Abstract:
We provide cogent evidence for the causal pro-trade effect of migrants and in doing so establish an important link between migrant networks and long-run economic development. To this end, we exploit a unique event in human history, the exodus of the Vietnamese Boat People to the US. This episode represents an ideal natural experiment as the large immigration shock, the first wave of which comprised refugees exogenously allocated across the US, occurred over a twenty-year period during which time the US imposed a complete trade embargo on Vietnam. Following the lifting of trade restrictions in 1994, the share of US exports going to Vietnam was higher and more diversified in those US States with larger Vietnamese populations, themselves the result of larger refugee inflows 20 years earlier.
Keywords: Migrant Networks; US Exports; Natural Experiment (search for similar items in EconPapers)
JEL-codes: F14 F22 (search for similar items in EconPapers)
Date: 2014-05-07
New Economics Papers: this item is included in nep-his, nep-int and nep-mig
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Citations: View citations in EconPapers (32)
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Related works:
Journal Article: Migrant Networks and Trade: The Vietnamese Boat People as a Natural Experiment (2018) 
Working Paper: Migrant Networks and Trade: The Vietnamese Boat People as a Natural Experiment (2016) 
Working Paper: Migrant Networks and Trade: The Vietnamese Boat People as a Natural Experiment (2016) 
Working Paper: Migrant Networks and Trade: The Vietnamese Boat People as a Natural Experiment (2014) 
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Persistent link: https://EconPapers.repec.org/RePEc:oxf:wpaper:705
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