F22 - International Migration

• The Causal Impact of Migration on US Trade: Evidence from Political Refugees

  Staff Working Paper 2017-49 Walter Steingress

  Immigrants can increase international trade by shifting preferences towards the goods of their country of origin and by reducing bilateral transaction costs. Using geographical variation across U.S. states for the period 2008 to 2013, I estimate the respective causal impact of immigrants on U.S. exports and imports.

  Content Type(s): Staff Research, Staff Working Papers Topic(s): International topics, Regional economic developments JEL Code(s): F, F1, F14, F2, F22, J, J6, J61

• Exporting and FDI with Endogenous Productivity

  Staff Working Paper 2007-14 Oana Secrieru, Marianne Vigneault

  This paper provides an analysis of how a firm’s decision to serve a foreign market by exporting or by engaging in foreign direct investment (FDI) affects firm productivity, when productivity is endogeneous as a function of training. The main result of our paper is that, with endogeneous productivity, exporting results in lower productivity than does FDI, but exporting may result in higher or lower employment and output than does FDI.

  Content Type(s): Staff Research, Staff Working Papers Topic(s): International topics, Labour markets, Productivity JEL Code(s): F, F2, F22, F23