000			01277nam a22001577a 4500
999			_c522878 _d522878
008			230609b ||||| |||| 00| 0 eng d
100			_aAnelli, Massimo et al _941723
245			_aEmigration and entrepreneurial drain
260			_aAmerican Economic Journal: Applied Economics
300			_a15(2), Apr, 2023: p.218-252
520			_aEmigration 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 1 standard deviation increase in the emigration rate generates a 4.8 percent 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.- Reproduced
650			_aEmigration, Youngs, Highly educated individuals, Entrepreneurs _941724
773			_aAmerican Economic Journal: Applied Economics
906			_aMIGRATION
942			_cAR