Autori:
Montresor, Sandro,
D'Ambrosio, AnnaTitolo:
Migration and Trade Ows: New Evidence from Spanish RegionsPeriodico:
Università degli studi di Torino. Dip. Di Economia e Statistica Cognetti de Martiis. Working paper seriesAnno:
2017 - Volume:
6 - Fascicolo:
24 - Pagina iniziale:
1 - Pagina finale:
30We analyze migrants' pro-trade effects through a theory-consistent gravity model augmented with migration variables - both
immigration and emigration. We take subnational units, i.e. Spanish NUTS3 regions and allow for subnationally heterogeneous
multilateral resistance terms, implying diversified exporting capacity of provinces. We implement an econometric strategy based
on Head and Mayer (2014), which leads us to selecting the Gamma PML estimator. Comparing the Gamma with OLS estimator we
highlight some shortcomings of previous literature. In particular, language commonality is found to magnify the pro-trade effect of immigrants, differently from previous literature; both emigrants' and immigrants' networks are found to exert a positive and significant pro-trade effect, but in different ways: immigrants affect trade through their local networks, whereas emigrants affect trade through their national networks security programs.
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