Autor(es):
Pacheco, Luís Miguel ; Maldonado, Isabel ; Lobo, Carla Azevedo
Data: 2024
Identificador Persistente: Pacheco, L. M., Maldonado, I., & Lobo, C. A. (2024, in press). Migration and export performance: The role of the diaspora remittances. International Journal of Trade and Global Markets, 19(2), 174-192. https://doi.org/10.1504/IJTGM.2023.10057706. Repositório Institucional UPT. https://hdl.handle.net/11328/5556
Origem: Repositório da Universidade Portucalense
Assunto(s): Migration; Internationalization; Gravity model; Remittances; Diaspora; Ciências Sociais - Economia e Gestão
Descrição
Migration and international trade represent two fundamental and interconnected aspects of globalization. This paper studies the impact of migration on bilateral trade, using data for remittances as a proxy for migrants in an augmented panel data gravity model framework. Using data for Portuguese bilateral trade with 187 countries for the period 2008-2017, and controlling for other determinants of trade through a standard gravity model, we find that there is a significant impact of remittances on bilateral trade both in terms of exports and imports, particularly regarding some specific types of goods. The evidence of a significant relation between migration and trade has important implications, since it can provide policymakers an alternative option to promote trade and internationalization beyond conventional trade policy.