Arbeitspapier
Heterogeneous immigrants and foreign direct investment: The role of language skills
We investigate the interplay of language skills and immigrant stocks in determining bilateral FDI out-stocks of OECD reporting countries. Applying a Poisson panel estimator to 2004-2011 data, we find a robust positive effect of bilateral immigrants on bilateral FDI - provided that residents of the two countries have few language skills in common. We find a similar effect for immigrants from third countries that speak the language(s) of the FDI host country, making them potential substitutes for bilateral migrants. Our findings suggest that immigrants facilitate outgoing FDI through their language skills, rather than through other characteristics like cultural familiarity.
- Sprache
-
Englisch
- Erschienen in
-
Series: Kiel Working Paper ; No. 2009
- Klassifikation
-
Wirtschaft
International Investment; Long-term Capital Movements
International Migration
Industrialization; Manufacturing and Service Industries; Choice of Technology
- Thema
-
migration
FDI
foreign languages
globalization
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Lücke, Matthias
Stöhr, Tobias
- Ereignis
-
Veröffentlichung
- (wer)
-
Kiel Institute for the World Economy (IfW)
- (wo)
-
Kiel
- (wann)
-
2015
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Lücke, Matthias
- Stöhr, Tobias
- Kiel Institute for the World Economy (IfW)
Entstanden
- 2015
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