Foster-McGregor, Neil; Landesmann, Michael; Mara, Isilda - 2018
In this paper we examine the importance of migrant stocks on FDI flows from a sample of 19 developed countries to … trade using the gravity model we include a variety of fixed effects to control for various sources of endogeneity and deal … with the issue of many zero and negative values of FDI. We further adopt an instrumental variables approach to deal with …