Record Details

Replication Data for: On the Detrimental Impact of Visa Restrictions on Bilateral Trade and Foreign Direct Investment, Applied Geography, 31 (3), 2011, pp. 901-907

Harvard Dataverse (Africa Rice Center, Bioversity International, CCAFS, CIAT, IFPRI, IRRI and WorldFish)

View Archive Info
 
 
Field Value
 
Title Replication Data for: On the Detrimental Impact of Visa Restrictions on Bilateral Trade and Foreign Direct Investment, Applied Geography, 31 (3), 2011, pp. 901-907
 
Identifier https://doi.org/10.7910/DVN/2FE57M
 
Creator Neumayer, Eric
 
Publisher Harvard Dataverse
 
Description This article estimates the effect of visa restrictions on bilateral trade flows and foreign direct investment
(FDI) stocks. By raising the costs of travel and deterring some visitors, visa restrictions hamper personal
contact across borders, which is detrimental to trade and FDI. Employing a standard gravity-type model in
a global dyadic country sample, I estimate that if one country unilaterally requires a visa from nationals of
the other country with no reciprocal restriction in place by the partner country, this lowers bilateral trade
and FDI by up to 19 and 25 per cent, respectively. If both countries require a visa from nationals of the other
country, the effect on trade is larger, but less than double, at up to 28 per cent, while the effect on FDI is
essentially the same as for unilateral restrictions. With such substantial negative effects, it is at least
questionable whether many of the existing visa restrictions would pass a cost-benefit test
 
Subject Social Sciences
 
Contributor Neumayer, Eric