Piteli, EEN, Kafouros, M and Pitelis, C orcid.org/0000-0001-9033-6357 (2021) Follow the people and the money: Effects of inward FDI on migrant remittances and the contingent role of new firm creation and institutional infrastructure in emerging economies. Journal of World Business, 56 (2). 101178. ISSN 1090-9516
Abstract
We explore how inward Foreign Direct Investment (FDI) influences migrant remittances in forty-six emerging economies. We develop and test new theory that not only explains the mechanisms underlying the above relationship, but also helps us understand how entrepreneurial migrants and investments made by multinational enterprises serve as foundations and determinants of remittances in recipient countries. The empirical evidence supports our hypotheses that inward FDI increases remittances, and that the relationship is positively mediated by new firm creation and negatively moderated by institutional infrastructure in recipient countries (namely, governance and corruption). Policy implications and avenues for new research are discussed.
Metadata
Item Type: | Article |
---|---|
Authors/Creators: |
|
Copyright, Publisher and Additional Information: | © 2020, Elsevier. All rights reserved. This is an author produced version of an article published in Journal of World Business. Uploaded in accordance with the publisher's self-archiving policy. |
Keywords: | Foreign direct investment; Migrant remittances; Emerging economies; New firm creation; Institutional infrastructure |
Dates: |
|
Institution: | The University of Leeds |
Academic Units: | The University of Leeds > Faculty of Business (Leeds) > International Business Division (LUBS) (Leeds) |
Depositing User: | Symplectic Publications |
Date Deposited: | 02 Nov 2020 16:09 |
Last Modified: | 08 Jun 2022 00:38 |
Status: | Published |
Publisher: | Elsevier |
Identification Number: | 10.1016/j.jwb.2020.101178 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:167375 |
Download
Filename: FDI & Migrant Remittances - JWB R&R4 Final.pdf
Licence: CC-BY-NC-ND 4.0