Investing Back Home : Return Migration and Business Ownership in Albania

This study uses data from the 2005 Albania Living Standards Measurement Study survey to assess the impact of past migration experience of Albanian households on non-farm business ownership through instrumental variables regression techniques. Considering the differences in earning potentials and opp...

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Main Authors: Kilic, Talip, Carletto, Calogero, Davis, Benjamin, Zezza, Alberto
Format: Journal Article
Language:EN
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/10986/4631
id okr-10986-4631
recordtype oai_dc
spelling okr-10986-46312021-04-23T14:02:18Z Investing Back Home : Return Migration and Business Ownership in Albania Kilic, Talip Carletto, Calogero Davis, Benjamin Zezza, Alberto Financing Policy Financial Risk and Risk Management Capital and Ownership Structure G320 Human Capital Skills Occupational Choice Labor Productivity J240 Geographic Labor Mobility Immigrant Workers J610 Firm Performance: Size, Diversification, and Scope L250 Entrepreneurship L260 This study uses data from the 2005 Albania Living Standards Measurement Study survey to assess the impact of past migration experience of Albanian households on non-farm business ownership through instrumental variables regression techniques. Considering the differences in earning potentials and opportunities for skill acquisition in different destination countries, we differentiate the impact of past household migration experience by main migrant destinations. The study also explores the heterogeneity of impact based on the timing of migration. The empirical results indicate that past household migration experience exerts a positive impact on the probability of owning a non-farm business. While one additional year in Greece increases the probability of household business ownership by roughly 6 percent, a similar experience in Italy or farther destinations raises the probability by over 25 percent. Although past household migration experience for the period of 1990-2000 is positively associated with the likelihood of owning a household enterprise, a similar association does not exist for the period of 2001-2004. 2012-03-30T07:28:56Z 2012-03-30T07:28:56Z 2009 Journal Article Economics of Transition 09670750 http://hdl.handle.net/10986/4631 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article Albania
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language EN
topic Financing Policy
Financial Risk and Risk Management
Capital and Ownership Structure G320
Human Capital
Skills
Occupational Choice
Labor Productivity J240
Geographic Labor Mobility
Immigrant Workers J610
Firm Performance: Size, Diversification, and Scope L250
Entrepreneurship L260
spellingShingle Financing Policy
Financial Risk and Risk Management
Capital and Ownership Structure G320
Human Capital
Skills
Occupational Choice
Labor Productivity J240
Geographic Labor Mobility
Immigrant Workers J610
Firm Performance: Size, Diversification, and Scope L250
Entrepreneurship L260
Kilic, Talip
Carletto, Calogero
Davis, Benjamin
Zezza, Alberto
Investing Back Home : Return Migration and Business Ownership in Albania
geographic_facet Albania
relation http://creativecommons.org/licenses/by-nc-nd/3.0/igo
description This study uses data from the 2005 Albania Living Standards Measurement Study survey to assess the impact of past migration experience of Albanian households on non-farm business ownership through instrumental variables regression techniques. Considering the differences in earning potentials and opportunities for skill acquisition in different destination countries, we differentiate the impact of past household migration experience by main migrant destinations. The study also explores the heterogeneity of impact based on the timing of migration. The empirical results indicate that past household migration experience exerts a positive impact on the probability of owning a non-farm business. While one additional year in Greece increases the probability of household business ownership by roughly 6 percent, a similar experience in Italy or farther destinations raises the probability by over 25 percent. Although past household migration experience for the period of 1990-2000 is positively associated with the likelihood of owning a household enterprise, a similar association does not exist for the period of 2001-2004.
format Journal Article
author Kilic, Talip
Carletto, Calogero
Davis, Benjamin
Zezza, Alberto
author_facet Kilic, Talip
Carletto, Calogero
Davis, Benjamin
Zezza, Alberto
author_sort Kilic, Talip
title Investing Back Home : Return Migration and Business Ownership in Albania
title_short Investing Back Home : Return Migration and Business Ownership in Albania
title_full Investing Back Home : Return Migration and Business Ownership in Albania
title_fullStr Investing Back Home : Return Migration and Business Ownership in Albania
title_full_unstemmed Investing Back Home : Return Migration and Business Ownership in Albania
title_sort investing back home : return migration and business ownership in albania
publishDate 2012
url http://hdl.handle.net/10986/4631
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