Entrepreneurial migration in an integrated world

Bougheas, Spiros and Falvey, Rod (2017) Entrepreneurial migration in an integrated world. Scandinavian Journal of Economics . ISSN 1467-9442 (In Press)

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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.

Item Type: Article
Keywords: Entrepreneurial Migration; Economic Integration; Institutions; Financial Frictions
Schools/Departments: University of Nottingham, UK > Faculty of Social Sciences > School of Economics
Identification Number: 10.1111/sjoe.12249
Depositing User: Eprints, Support
Date Deposited: 16 Nov 2016 14:28
Last Modified: 07 Aug 2017 10:14
URI: http://eprints.nottingham.ac.uk/id/eprint/38778

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