Arbeitspapier

Does Emigration Drain Entrepreneurs?

Emigration of young, motivated individuals may deprive countries-of-origin of entrepreneurs. We isolate exogenous variation in a large emigration wave from Italy between 2008 and 2015 by interacting diaspora networks with economic pull factors in destination countries, and find that larger emigration rates reduced firm creation and innovative start-ups. We estimate that for every 100 emigrants, 26 fewer firms were created. An accounting exercise shows that 37 percent of the effect was due to the disproportionate loss of young people. The remaining effect was due to selection into emigration of highly entrepreneurial individuals, as well as negative spillovers on firm creation.

Sprache
Englisch

Erschienen in
Series: CESifo Working Paper ; No. 8388

Klassifikation
Wirtschaft
Geographic Labor Mobility; Immigrant Workers
State and Local Government; Intergovernmental Relations: General
Innovation; Research and Development; Technological Change; Intellectual Property Rights: General
New Firms; Startups
Thema
emigration
demography
brain drain
entrepreneurship
innovation
EU integration

Ereignis
Geistige Schöpfung
(wer)
Anelli, Massimo
Basso, Gætano
Ippedico, Giuseppe
Peri, Giovanni
Ereignis
Veröffentlichung
(wer)
Center for Economic Studies and Ifo Institute (CESifo)
(wo)
Munich
(wann)
2020

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Anelli, Massimo
  • Basso, Gætano
  • Ippedico, Giuseppe
  • Peri, Giovanni
  • Center for Economic Studies and Ifo Institute (CESifo)

Entstanden

  • 2020

Ähnliche Objekte (12)