Piet Rietveld

Publications (3)0 Total impact

• Source

  Available from: SSRN

  Article: Migrants and International Economic Linkages: A Meta-Overview

  Masood Gheasi, Peter Nijkamp, Piet Rietveld
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  ABSTRACT: The rapid growth in the foreign-born population in many high and middle-income countries in the past decades has prompted much research on the socio-economic impacts of immigration. The migration issue has become one of the most debated subjects in many developed countries. Since the early 1990s, many applied studies have been conducted on the impact of international migration on international trade, foreign direct investment, and tourism. These studies have largely adopted the same specification, viz. the log-linear gravity model in combination with the knowledge capital model, where the (logarithm of the) stock of migrants from a specific source country may be included as an additional explanatory variable. Our study provides a concise review of the relationship between migrants and their international economic linkages. It then focuses on Foreign Direct Investment (FDI), for both inward and outward FDI. The main aim of our study is to offer a synthesis by means of a meta-analysis of various studies undertaken worldwide, in order to test the robustness of the relationship between migration and foreign direct investment. Our primary results confirm that immigration has a positive impact on FDI investment in both directions (inward and outward), and that these impacts are higher when migrants are highly-educated and skilled.
  Labor: Public Policy & Regulation eJournal. 10/2011;
• Source

  Available from: SSRN

  Article: Migration and Foreign Direct Investment: Education Matters

  Masood Gheasi, Peter Nijkamp, Piet Rietveld
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  ABSTRACT: The rapid growth in the foreign-born population in many high and middle-income countries in recent decades has prompted much research on the socio-economic determinants and impacts of immigration. This paper investigates the relationship between the stock of foreign population by nationality living in the UK and the bilateral volume of foreign direct investment (FDI), both inward FDI into the UK and outward FDI from the UK. This study contributes to the literature on the above-mentioned association between migration and FDI, by using the UK annual data from 2001 to 2007 for 22 countries on the inward volume of FDI and for 27 countries on the outward volume of FDI. Our study finds a significant and positive relationship between migration and outward FDI. This result also holds, if we correct for endogeneity by using an instrumental variable approach. If we then include the education level of migrants living in the UK, our results indicate that the more educated migrants from a certain country are, the stronger positive effect they have on FDI in both directions (inward and outward).
  PSN: International Migration (Topic). 09/2011;
• Source

  Available from: vu.nl

  Chapter: Migration and Tourist Flows

  Masood Gheasi, Peter Nijkamp, Piet Rietveld
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  ABSTRACT: Both immigration and tourism have increased significantly in recent decades. International migration in the world has increased from 154 million per year in 1990 to 175 million in 2000 (United Nation 2002). A common perception is that most migrants are moving from poor countries to rich countries, but in reality half of the migrations take place within the developing countries. One cause of this growth is the globalization process that enhanced mobility and improved accessibility to different places (Poot et al. 2008). In comparison, the growth in tourism was even stronger with 700 million worldwide tourist trips in 2000 as compared to 25 million in 1950 (Fischer 2007). The globalization process and the related tourism together spread further the information regarding economic prospects and tend to encourage people to move to places where they can find better economic opportunities. For example: prosperous places like London and Paris attract vast numbers of tourists, while some of these tourists become subsequently temporary or permanent migrants in the host country. So, tourism encourages migration. Conversely, migrants travel back to their home countries for short visits and their friends and relatives visit them in the host country. Therefore, migration boosts tourism. Thus, migration and tourism tend to become mutually interacting geographic phenomena whose importance is rapidly growing. Migration-related tourism seems to become an important segment of global tourism.
  12/2010: pages 111-126;