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This essential volume examines the influence of immigrants on the
process of international economic integration - specifically, their
influences on bilateral and multilateral trade flows. It extends
beyond the identification and explanation of the immigrant-trade
link and offers a more expansive treatment of the subject matter,
making it the most comprehensive volume of its kind. The authors
present abundant evidence that confirms the positive influences of
immigrants on trade between their home and host countries; however
the immigrant-trade link may not be universal. The operability of
the link is found to depend on a variety of factors related to
immigrants' home countries, their host countries, the types of
goods and services being traded and the anthropogenic
characteristics of the immigrants themselves. Applying the
augmented gravity model to data on trade and migration,
International Migration and Economic Integration provides answers
to the following questions: - Do immigrants exert positive
influences on trade between their respective host and home
countries? Are the effects of immigrants on trade homogenous across
different immigrant entry classifications? Do the influences of
immigrants on trade in goods extend to trade in services? Are these
influences homogenous across product types and industry/sector
classifications? - Do differences in relative levels of economic
and/or social development for immigrants' host and/or home
countries affect the existence or the magnitude of the
immigrant-trade link? Have immigration policies and changes in such
policies influenced the immigrant-trade relationship? - Do cultural
differences between immigrants' home and host countries inhibit
trade flows and, if so, to what extent do the pro-trade influences
of immigrants counter the trade-inhibiting effects of cultural
distance? - Is there variation in the pro-trade influences of
immigrants across migration corridors? Is the influence of
immigrants on trade conditional on the volume of trade taking place
between their host and home countries? Are the effects of
immigrants (emigrants) on trade universal? What factors/conditions
correlate with the existence and operability of the immigrant-trade
relationship? Though ideally suited to advanced undergraduate and
graduate students in international trade, international economics,
public policy, sociology and international relations and their
professors, this engaging work will also be relevant for anyone
outside of academia who is interested in public policy,
immigration, or international relations.
The desire of firms' to enhance their global presence, diversify
their production and the interest of policymakers to augment
domestic production with more efficient foreign technology has
contributed to a surge in the cross border flow of capital. By
taking into account market characteristics such as market maturity
and export platform status of Japanese FDI hosts during the 1990s,
this dissertation examines the link between FDI, trade and exchange
rate volatility. More specifically, the following questions are
addressed: What induces multinational firms to reach diverse
destinations? Which of the host country characteristics attract
investing firms most? Are trade flows among partners related to the
volume of FDI flows between them? What does the geographical
distribution of FDI reflect: efficiency, technological advances, or
liberalization of trade and FDI policies? Given the diminishing
role of the traditional FDI driving factors (such as factor
abundance and cheap labor), to what extent do market maturity,
export platform status and size of the host nations matter in
determining the inflow of FDI?
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