Data and code for: "Emigration and Entrepreneurial Drain"
Principal Investigator(s): View help for Principal Investigator(s) Massimo Anelli, Bocconi University; Gaetano Basso, Bank of Italy; Giuseppe Ippedico, University of California Davis; Giovanni Peri, University of California Davis
Version: View help for Version V1
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replication | 05/10/2022 05:19:AM |
Project Citation:
Project Description
Emigration of young, highly educated individuals may deprive origin countries of entrepreneurs. We identify exogenous variation in emigration from Italy by interacting past diaspora networks and current economic pull factors in destination countries. We find that a one standard deviation increase in the emigration rate generates a 4.9% decline in firms’ creation in the local labor market of origin. An accounting exercise decomposes the estimated effect into four components: subtraction of individuals with average entrepreneurial propensity, selection of young and college-educated among emigrants, negative spillovers on firm creation and selection on unobservable characteristics positively associated with entrepreneurship.
Scope of Project
J61 Geographic Labor Mobility; Immigrant Workers
M13 New Firms; Startups
O30 Innovation; Research and Development; Technological Change; Intellectual Property Rights: General
Methodology
- AIRE - Anagrafe degli italiani residenti all'estero (Registry of Italians Leaving Abroad) maintained by the Italian Ministry of Interior.
- Infocamere, the data service of the Italian Chambers of Commerce Association
- INPS firm registry (Italian Social Security Data)
- ISTAT (Italian Institute of Statistics) - Residency Registrations and Cancellations
Related Publications
Published Versions
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