research
We use the frameworks of two different US refugee dispersal policies to provide causal evidence that refugees promote outward foreign direct investment (FDI) to their countries and regions of origin.…
Once viewed as a “brain drain,” migrants are increasingly viewed as a resource for promoting economic development back in their home countries. In Investing in the Homeland, Benjamin Graham finds that…
What explains the differences in international portfolio and foreign direct investment (FDI) between countries? While many existing theories focus on how trustworthy a country's policies are, we highlight the importance…
In this study, we analyzed the overseas branches of Chinese companies listed on the A-share market that expanded internationally between 2007 and 2018. Using social network theory and the Cox…
Venture capital firms, traditionally local-focused, increasingly invest internationally. We propose immigrant entrepreneur ties drive this trend, validated through a study of U.S. VC in India.
US county ancestry composition influences local firms' foreign direct investment. Doubling residents with ancestry from a country increases FDI probability by 4 percentage points.
This study explores how immigrants influence the foreign expansion of firms from their home countries in the US. It suggests that common country bonds positively impact location choice and survival,…
