This paper studies the influence of a country’s transnational social capital - defined as the shared customary values and beliefs of emigrant communities - on its external transactions. It usesItaly’s emigrant associations abroad as a proxy of transnational social capital and measures its effects on Italy’s bilateral FDI. Our results are that the associative activity of emigrants, which partly dates far back into the past, positively and strongly affects the Italian bilateral FDI, especially concerning the countries hosting the older associations and the FDI into Italy.

Transnational social capital and FDI. Evidence from Italian associations worldwide / Murat, Marina Giovanna; Pistoresi, Barbara; Rinaldi, Alberto. - In: JOURNAL OF ECONOMIC DEVELOPMENT. - ISSN 0254-8372. - STAMPA. - 36:(2011), pp. 1-15.

Transnational social capital and FDI. Evidence from Italian associations worldwide

MURAT, Marina Giovanna;PISTORESI, Barbara;RINALDI, Alberto
2011

Abstract

This paper studies the influence of a country’s transnational social capital - defined as the shared customary values and beliefs of emigrant communities - on its external transactions. It usesItaly’s emigrant associations abroad as a proxy of transnational social capital and measures its effects on Italy’s bilateral FDI. Our results are that the associative activity of emigrants, which partly dates far back into the past, positively and strongly affects the Italian bilateral FDI, especially concerning the countries hosting the older associations and the FDI into Italy.
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1
15
Transnational social capital and FDI. Evidence from Italian associations worldwide / Murat, Marina Giovanna; Pistoresi, Barbara; Rinaldi, Alberto. - In: JOURNAL OF ECONOMIC DEVELOPMENT. - ISSN 0254-8372. - STAMPA. - 36:(2011), pp. 1-15.
Murat, Marina Giovanna; Pistoresi, Barbara; Rinaldi, Alberto
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11380/673846
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