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Entrepreneurial migration in an integrated world

Bougheas, Spiros; Falvey, Rod

Authors

Rod Falvey



Abstract

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.

Journal Article Type Article
Publication Date 2018-10
Journal Scandinavian Journal of Economics
Print ISSN 0347-0520
Electronic ISSN 1467-9442
Publisher Wiley
Peer Reviewed Peer Reviewed
Volume 120
Issue 4
Pages 1171-1201
APA6 Citation Bougheas, S., & Falvey, R. (2018). Entrepreneurial migration in an integrated world. Scandinavian Journal of Economics, 120(4), 1171-1201. doi:10.1111/sjoe.12249
DOI https://doi.org/10.1111/sjoe.12249
Keywords Entrepreneurial Migration; Economic Integration; Institutions; Financial Frictions
Publisher URL http://onlinelibrary.wiley.com/doi/10.1111/sjoe.12249/full
Copyright Statement Copyright information regarding this work can be found at the following address: http://eprints.nottingh.../end_user_agreement.pdf
Additional Information This is the peer reviewed version of the following article, which has been published in final form at https://onlinelibrary.w.../abs/10.1111/sjoe.12249 . This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Self-Archiving.

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Copyright Statement
Copyright information regarding this work can be found at the following address: http://eprints.nottingham.ac.uk/end_user_agreement.pdf





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