TRANSNATIONAL SOCIAL CAPITAL AND FDI: EVIDENCE FROM ITALIAN ASSOCIATIONS WORLDWIDE

Marina Murat, Barbara Pistoresi and Alberto Rinaldi
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Barbara Pistoresi: University of Modena and Reggio Emilia

Journal of Economic Development, 2011, vol. 36, issue 4, 1-15

Abstract: This paper studies the influence of a country¡¯s transnational social capital - defined as the shared customary values and beliefs of emigrant communities - on its external transactions. It uses Italy¡¯s emigrant associations abroad as a proxy of transnational social capital and measures its effects on Italy¡¯s bilateral FDI. Our results are that the associative activity of emigrants, which partly dates far back into the past, positively and strongly affects the Italian bilateral FDI, especially concerning the countries hosting the older associations and the FDI into Italy.

Keywords: Social Capital; Diaspora; FDI; Italy (search for similar items in EconPapers)
JEL-codes: F21 F22 Z1 (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (4)

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Related works:
Working Paper: Transnational social capital and FDI.Evidence from Italian associations worldwide (2011)
Working Paper: Transnational social capital and FDI. Evidence from Italian associations worldwide (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:jed:journl:v:36:y:2011:i:4:p:1-15

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