Heterogeneous Immigrants, Exports and Foreign Direct Investment: The Role of Language Skills

Artikel

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 robust evidence for a 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.

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• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Journal: The World Economy ; ISSN: 1467-9701 ; Volume: 41 ; Year: 2018 ; Issue: 6 ; Pages: 1529-1548 ; Hoboken: Wiley

Klassifikation und Themen

• Klassifikation: Wirtschaft ; International Investment; Long-term Capital Movements ; International Migration ; Industrialization; Manufacturing and Service Industries; Choice of Technology
• Thema: migration ; FDI ; foreign languages ; globalization

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Lücke, Matthias ; Stöhr, Tobias
• Ereignis: Veröffentlichung
• (wer): Wiley ; ZBW - Leibniz Information Centre for Economics
• (wo): Hoboken
• (wann): 2018

Weitere Informationen

• DOI: doi:10.1111/twec.12598
• Handle: http://hdl.handle.net/10419/253679