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Inward Foreign Direct Investment and U.S. Public Opinion on Immigration

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  • Hak‐Seon Lee

Abstract

I investigate how the direct investment of foreign firms in the United States affects public opinion on immigration. On one hand, when foreign firms invest in the United States, local residents may have job opportunities and a better understanding of foreign cultures following social and work‐related interactions with foreign employees at multinationals. As a result, American workers may have a positive attitude toward immigration. On the other hand, when local residents see foreign investment as a foreign acquisition of American assets, or if they experience any unpleasant interactions with foreign nationals at multinationals, foreign investment may result in a negative impact on public perception on immigration. My empirical test of inward investment's impact on public opinion demonstrates the aforementioned contrasting impacts: While more local employees working at foreign multinationals lead to positive sentiments on immigration, the existence of more local affiliates of foreign firms has a negative impact on public opinion of immigration. Investigo cómo la inversión de las compañías extranjeras en los EE. UU. afecta la opinión pública acerca de la inmigración. Por un lado, cuando las compañías extranjeras invierten en los Estados Unidos, los residentes podrían tener oportunidades de empleo y una mejor comprensión de las culturas extranjeras después de tener interacciones sociales y laborales con empleados extranjeros en las multinacionales. Como resultado, los trabajadores estadounidenses podrían tener una actitud positiva ante el tema de la inmigración. Por otro lado, cuando los residentes ven la inversión extranjera como una adquisición de bienes estadounidenses, o si tienen interacciones negativas con personas de otros países en las multinacionales, la inversión extranjera podría tener un impacto negativo sobre la percepción del público de la inmigración. Mi examen empírico del impacto de la inversión interna sobre la opinión pública demuestra los impactos contrastantes anteriormente mencionados: a pesar del hecho de que más empleados locales en las multinacionales signifique opiniones más positivas de la inmigración, la existencia de más afiliados locales de compañías extranjeras tiene un impacto negativo en la opinión de la inmigración. 作者调查了外国公司在美国的直接投资会如何影响关于移民的舆论。一方面,当外国公司在美国进行投资时,可能会为当地居民创造工作机会。同时在跨国公司中,当地居民在与外籍员工进行社交和工作接触后,可能会对外国文化有更好的了解。因此,美籍员工可能会对移民持积极态度。另一方面,当本地居民将外国投资视为一种他国对美国资产的收购行为时,或者当他们在跨国公司中与外籍人士发生不愉快的接触时,外国投资可能会致使公众对移民产生负面看法。作者实证检验了外来投资对舆论的影响,检验结果证明了上述对比影响:尽管更多的本地雇员在外资跨国公司工作一事会促进公众对移民产生积极态度,但外资公司在本地增加分支机构的情况却会致使公众对移民产生负面看法。

Suggested Citation

  • Hak‐Seon Lee, 2018. "Inward Foreign Direct Investment and U.S. Public Opinion on Immigration," World Affairs, John Wiley & Sons, vol. 181(2), pages 181-205, June.
  • Handle: RePEc:wly:woraff:v:181:y:2018:i:2:p:181-205
    DOI: 10.1177/0043820018791645
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