Entrepreneurial migration in an integrated world

A growing number of developed countries are offering entrepreneurial visas as a means of attracting entrepreneurial talent and capital. In this paper we use a simple two sector model of international trade with heterogeneous agents and financial frictions to show that entrepreneurial migration can c...

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Main Authors: Bougheas, Spiros, Falvey, Rod
Format: Article
Published: Wiley 2017
Subjects:
Online Access:https://eprints.nottingham.ac.uk/38778/
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author Bougheas, Spiros
Falvey, Rod
author_facet Bougheas, Spiros
Falvey, Rod
author_sort Bougheas, Spiros
building Nottingham Research Data Repository
collection Online Access
description A growing number of developed countries are offering entrepreneurial visas as a means of attracting entrepreneurial talent and capital. In this paper we use a simple two sector model of international trade with heterogeneous agents and financial frictions to show that entrepreneurial migration can contribute to the international efficiency of production, even when capital also flows internationally through borrowing and lending and foreign direct investment. In our model all cross-border transactions are motivated by cross-country variations in the quality of financial institutions.
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spelling nottingham-387782020-05-04T18:41:28Z https://eprints.nottingham.ac.uk/38778/ Entrepreneurial migration in an integrated world Bougheas, Spiros Falvey, Rod A growing number of developed countries are offering entrepreneurial visas as a means of attracting entrepreneurial talent and capital. In this paper we use a simple two sector model of international trade with heterogeneous agents and financial frictions to show that entrepreneurial migration can contribute to the international efficiency of production, even when capital also flows internationally through borrowing and lending and foreign direct investment. In our model all cross-border transactions are motivated by cross-country variations in the quality of financial institutions. Wiley 2017-04-12 Article PeerReviewed Bougheas, Spiros and Falvey, Rod (2017) Entrepreneurial migration in an integrated world. Scandinavian Journal of Economics . ISSN 1467-9442 (In Press) Entrepreneurial Migration; Economic Integration; Institutions; Financial Frictions http://onlinelibrary.wiley.com/doi/10.1111/sjoe.12249/full doi:10.1111/sjoe.12249 doi:10.1111/sjoe.12249
spellingShingle Entrepreneurial Migration; Economic Integration; Institutions; Financial Frictions
Bougheas, Spiros
Falvey, Rod
Entrepreneurial migration in an integrated world
title Entrepreneurial migration in an integrated world
title_full Entrepreneurial migration in an integrated world
title_fullStr Entrepreneurial migration in an integrated world
title_full_unstemmed Entrepreneurial migration in an integrated world
title_short Entrepreneurial migration in an integrated world
title_sort entrepreneurial migration in an integrated world
topic Entrepreneurial Migration; Economic Integration; Institutions; Financial Frictions
url https://eprints.nottingham.ac.uk/38778/
https://eprints.nottingham.ac.uk/38778/
https://eprints.nottingham.ac.uk/38778/