Trade and Migration to New Zealand

Arbeitspapier

This paper examines the hypothesis that a greater stock of migrants in New Zealand from a particular country leads to more trade between that country and New Zealand. The literature suggests that migrants can stimulate trade by lowering transaction costs, and by bringing with them preferences for goods produced in their home country. We use panel data techniques within the framework of a standard gravity model of trade. Our sample includes an average of over 170 countries for the years 1981 to 2001. Previous studies of trade and migration have not dealt satisfactorily with problems of unobserved heterogeneity and selection bias. We address these problems using correlated random effects and selection models. Results suggest that larger migrant stocks are associated with higher trade flows.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: New Zealand Treasury Working Paper ; No. 04/18

Classification and Topics

• Classification: Wirtschaft ; International Economics: General ; Trade: General ; Empirical Studies of Trade ; International Migration
• Subject: Migration ; International Trade ; Panel Data ; New Zealand

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Bryant, John ; Genc, Murat ; Law, David
• Event: Veröffentlichung
• (who): New Zealand Government, The Treasury
• (where): Wellington
• (when): 2004

Further information

• Handle: http://hdl.handle.net/10419/205558
• Last update: 10.03.2025, 11:41 AM CET