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Return Migration And Entrepreneurship In Ghana And C�Te D'Ivoire: The Role Of Capital Transfers

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  • RICHARD BLACK
  • ADRIANA CASTALDO
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    Abstract

    This paper explores the relationship between international migration and entrepreneurship, drawing on data on around 300 return migrants to two West African states, Ghana and C�te d'Ivoire. The paper reviews existing evidence on the role of entrepreneurship and small firm formation in promoting development in Sub-Saharan Africa, before setting out a model of factors that influence whether migrants contribute to entrepreneurial activity by registering a business after their return. Factors tested for their association with entrepreneurship include a range of individual characteristics, duration of stay and reasons for return, and the acquisition of financial, human and social capital while abroad. The analysis suggests that work experience abroad is the most significant predictor of entrepreneurial activity among the return migrants interviewed, although savings accumulated while abroad, reasons for return and the frequency of visits home while abroad are also significant factors. Copyright (c) 2009 by the Royal Dutch Geographical Society KNAG.

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    File URL: http://www.blackwell-synergy.com/doi/abs/10.1111/j.1467-9663.2009.00504.x
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    Bibliographic Info

    Article provided by Royal Dutch Geographical Society KNAG in its journal Tijdschrift voor economische en sociale geografie.

    Volume (Year): 100 (2009)
    Issue (Month): 1 (02)
    Pages: 44-58

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    Handle: RePEc:bla:tvecsg:v:100:y:2009:i:1:p:44-58

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    1. Thorsten Beck & Asli Demirguc-Kunt & Ross Levine, 2005. "SMEs, Growth, and Poverty: Cross-Country Evidence," Journal of Economic Growth, Springer, vol. 10(3), pages 199-229, 09.
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    7. Thorsten Beck & Asli Demirguc-Kunt & Ross Levine, 2005. "SMEs, Growth, and Poverty," NBER Working Papers 11224, National Bureau of Economic Research, Inc.
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    11. Lisa Daniels, 2003. "Factors that influence the expansion of the microenterprise sector: results from three national surveys in Zimbabwe," Journal of International Development, John Wiley & Sons, Ltd., vol. 15(6), pages 675-692.
    12. Mead, Donald C. & Liedholm, Carl, 1998. "The dynamics of micro and small enterprises in developing countries," World Development, Elsevier, vol. 26(1), pages 61-74, January.
    13. Galor, Oded & Stark, Oded, 1991. "The probability of return migration, migrants' work effort, and migrants' performance," Journal of Development Economics, Elsevier, vol. 35(2), pages 399-405, April.
    14. Alice Mesnard, 2004. "Temporary migration and capital market imperfections," Oxford Economic Papers, Oxford University Press, vol. 56(2), pages 242-262, April.
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