论文信息 - International labor and capital flows: Complements or substitutes?

International labor and capital flows: Complements or substitutes?

In a global context, foreign direct investment (FDI) and migration substitute one another in the matching process between workers and firms. Yet, migrants provide information about future investment opportunities in their country of origin. Evidence from U.S. data is consistent with contemporaneous substitutability and dynamic complementarity between migration and FDI.

Hillel Rapoport | Maurice Kugler | H. Rapoport | M. Kugler | Hillel Rapoport

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