Emigrant and immigrant networks in FDI

Marina Murat and Barbara Pistoresi

Applied Economics Letters, 2009, vol. 16, issue 12, pages 1261-1264

Abstract: This article studies the relationship between emigration, immigration and the bilateral foreign direct investments (FDI), inward and outward, between Italy and 51 foreign countries. The results suggest that the networks of Italian emigrants abroad significantly promote both inward and outward bilateral FDI. The overall influence of immigrants is weaker. Their role is positively dependent on distance for FDI inward, only.

Date: 2009

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