Abstract
This paper analyses the impact of education networks on the FDI from the United States and United Kingdom to 167 countries during 1999 - 2011. Proxies of networks are i nternational students in the US and UK and alumni associations abroad. Results show that international students boost the British FDI to their home countries, while their inf luence on American FDI is weak , except for students from developing economies and for international students who attended university during the Cold War. Alumni associations have a substantial impact on both American and British FDI , but especially on the latter. The stronger impact of education networks on British FDI is partly related to the different political and economic role s played by the US and UK on the world stage , and to their different use of soft and hard power. Results are robust to different econometric specifications.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
