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
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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
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Objekttyp
- Arbeitspapier
Beteiligte
- Anelli, Massimo
- Basso, Gætano
- Ippedico, Giuseppe
- Peri, Giovanni
- Center for Economic Studies and Ifo Institute (CESifo)
Entstanden
- 2020