| ID | 100772 |
| Title Proper | Familiarity breeds investment |
| Other Title Information | diaspora networks and international investment |
| Language | ENG |
| Author | Leblang, David |
| Publication | 2010. |
| Summary / Abstract (Note) | What explains cross-national patterns of international portfolio and foreign direct investment (FDI)? While existing explanations focus on the credibility of a policy maker's commitment, we emphasize the role of diaspora networks. We hypothesize that diaspora networks-connections between migrants residing in investing countries and their home country-influence global investment by reducing transaction and information costs. This hypothesis is tested using dyadic cross-sectional data for both portfolio and FDI. The findings indicate that even after controlling for a multitude of factors, disapora networks have both a substantively significant effect and a statistically significant effect on cross-border investment. |
| `In' analytical Note | American Political Science Review Vol. 104, No. 3; Aug 2010: p584-583 |
| Journal Source | American Political Science Review Vol. 104, No. 3; Aug 2010: p584-583 |
| Key Words | Familiarity ; Investment ; Diaspora ; Networks ; International Investment ; Migrants Networks |