Return Migration and the Survival of Entrepreneurial Activities in Egypt
AbstractThe literature shows that temporary international migrants have a high propensity to opt for an entrepreneurial activity upon return, but the prospects of survival of these activities have not been explored. We address this research question using longitudinal Egyptian data. We find that entrepreneurs’ migration experience significantly improves the chances of survival of their entrepreneurial activities, adopting econometric techniques that control for return migrants’ nonrandom selection in unobservables. We resort to a bivariate probit model and a two-stage residual inclusion estimator, using the rate of population growth and the real oil price as alternative instruments for migration.
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Bibliographic InfoArticle provided by Elsevier in its journal World Development.
Volume (Year): 40 (2012)
Issue (Month): 10 ()
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Web page: http://www.elsevier.com/locate/worlddev
return migration; entrepreneurial activities; panel data; endogeneity; North Africa; Egypt;
Other versions of this item:
- Francesca Marchetta, 2012. "Return Migration and the Survival of Entrepreneurial Activities in Egypt," Working Papers halshs-00693988, HAL.
- Francesca MARCHETTA, 2012. "Return Migration and the Survival of Entrepreneurial Activities in Egypt," Working Papers 201217, CERDI.
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