Publication:
Investing Back Home : Return Migration and Business Ownership in Albania

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dc.contributor.authorKilic, Talip
dc.contributor.authorCarletto, Calogero
dc.contributor.authorDavis, Benjamin
dc.contributor.authorZezza, Alberto
dc.date.accessioned2012-06-06T21:45:59Z
dc.date.available2012-06-06T21:45:59Z
dc.date.issued2007-09
dc.description.abstractIn view of its increasing importance, and the dearth of information on return migration and its impacts on source households, this study uses data from the 2005 Albania Living Standards Measurement Study survey and assesses the impact of past migration experience of Albanian households on non-farm business ownership through instrumental variables regression techniques. Moreover, considering the differences in earning potentials and opportunities for skill acquisition in different destination countries, the impact of household past migration experience is differentiated by main migrant destinations, namely Greece and Italy. The study also tests for the hypothesis of the existence of migration cycles, by differentiating the time spent abroad based on the year of return. The empirical results indicate that household past 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 7 percent, a similar experience in Italy or further destinations raises the probability by over 30 percent. Although past migration experience for the period 1990-2000 is positively associated with the likelihood of owning a household enterprise, a similar impact does not materialize for the period 2001-2004. The latter finding seems suggestive of the fact that more recent migrants are yet to attain a target level of required savings and skills in order to successfully establish a new business upon return.en
dc.identifierhttp://documents.worldbank.org/curated/en/2007/09/8358003/investing-back-home-return-migration-business-ownership-albania
dc.identifier.doi10.1596/1813-9450-4366
dc.identifier.urihttps://hdl.handle.net/10986/7360
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper; No. 4366
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCESS TO CAPITAL
dc.subjectACCESS TO CREDIT
dc.subjectACCESS TO SERVICES
dc.subjectACCESSIBILITY
dc.subjectACCOUNTING
dc.subjectADULT POPULATION
dc.subjectAGRICULTURE ORGANIZATION
dc.subjectAMOUNT OF MONEY
dc.subjectAMOUNT OF SAVINGS
dc.subjectASSET OWNERSHIP
dc.subjectASSET POSITION
dc.subjectASSET POSITIONS
dc.subjectBASIC INFRASTRUCTURE
dc.subjectBASIC NEEDS
dc.subjectBORDERS
dc.subjectBUSINESS ACTIVITIES
dc.subjectBUSINESS CLIMATE
dc.subjectBUSINESS FORMATION
dc.subjectBUSINESS LOCATION
dc.subjectBUSINESS OWNERSHIP
dc.subjectBUSINESS STARTUPS
dc.subjectCAPITAL ACCUMULATION
dc.subjectCAPITAL CONSTRAINTS
dc.subjectCAPITAL MARKET
dc.subjectCAPITAL MARKETS
dc.subjectCASH FLOWS
dc.subjectCOLLATERAL
dc.subjectCORPORATE FINANCE
dc.subjectCORRUPTION
dc.subjectCOUNTRY OF ORIGIN
dc.subjectCREDIT CONSTRAINTS
dc.subjectCREDIT MARKET
dc.subjectCREDIT MARKET FAILURES
dc.subjectCREDIT MARKETS
dc.subjectCULTURAL BACKGROUND
dc.subjectDEPORTATION
dc.subjectDERIVATIVES
dc.subjectDEVELOPING COUNTRIES
dc.subjectDIASPORA
dc.subjectDIVERSIFICATION
dc.subjectDUMMY VARIABLE
dc.subjectDURABLES
dc.subjectEARNINGS
dc.subjectEAST EUROPE
dc.subjectECONOMIC DECISION
dc.subjectEDUCATION LEVEL
dc.subjectEDUCATION LEVELS
dc.subjectEDUCATIONAL ATTAINMENT
dc.subjectEDUCATIONAL LEVEL
dc.subjectEMIGRANTS
dc.subjectEMIGRATION
dc.subjectEMPLOYMENT GROWTH
dc.subjectENTREPRENEUR
dc.subjectENTREPRENEURIAL ABILITY
dc.subjectENTREPRENEURIAL ACTIVITIES
dc.subjectENTREPRENEURS
dc.subjectEQUIPMENT
dc.subjectEXCLUSION
dc.subjectEXPENDITURES
dc.subjectFAMILY BUSINESS
dc.subjectFAMILY BUSINESSES
dc.subjectFAMILY MEMBER
dc.subjectFAMILY REUNIFICATION
dc.subjectFARMS
dc.subjectFEMALE-HEADED HOUSEHOLD
dc.subjectFEMALE-HEADED HOUSEHOLDS
dc.subjectFINANCIAL CONSTRAINTS
dc.subjectFINANCIAL COSTS
dc.subjectFINANCIAL FLOWS
dc.subjectFINANCIAL INTERMEDIATION
dc.subjectFINANCIAL RESOURCES
dc.subjectFINANCIAL SUPPORT
dc.subjectFUNGIBLE
dc.subjectGLOBALIZATION
dc.subjectGOVERNMENT POLICIES
dc.subjectGOVERNMENT REGULATION
dc.subjectGOVERNMENT REGULATIONS
dc.subjectHEAD OF HOUSEHOLD
dc.subjectHOST COUNTRIES
dc.subjectHOST COUNTRY
dc.subjectHOUSEHOLD BUSINESS
dc.subjectHOUSEHOLD BUSINESSES
dc.subjectHOUSEHOLD INCOME
dc.subjectHOUSEHOLD LEVEL
dc.subjectHOUSEHOLD SIZE
dc.subjectHOUSEHOLD WEALTH
dc.subjectHOUSING
dc.subjectHUMAN CAPITAL
dc.subjectHUMAN MIGRATION
dc.subjectILLNESS
dc.subjectIMMIGRANTS
dc.subjectIMMIGRATION
dc.subjectIMMIGRATION POLICY
dc.subjectIMPACT OF MIGRATION
dc.subjectIMPORTANCE OF EDUCATION
dc.subjectINCOME SHOCKS
dc.subjectINCOME SOURCES
dc.subjectINEQUALITY
dc.subjectINFORMAL FINANCE
dc.subjectINHERITANCE
dc.subjectINSTRUMENT
dc.subjectINSURANCE
dc.subjectINSURANCE MARKETS
dc.subjectINTERNAL FINANCE
dc.subjectINTERNATIONAL BANK
dc.subjectINTERNATIONAL MIGRANT
dc.subjectINTERNATIONAL MIGRANTS
dc.subjectINTERNATIONAL MIGRATION
dc.subjectINTERNATIONAL MIGRATION REVIEW
dc.subjectINVESTING
dc.subjectINVESTMENT CLIMATE
dc.subjectINVESTMENT SCHEMES
dc.subjectJOB CREATION
dc.subjectJOB LOSS
dc.subjectLABOR MARKET
dc.subjectLABOR MARKETS
dc.subjectLABOR MIGRATION
dc.subjectLABOR SUPPLY
dc.subjectLAND OWNERSHIP
dc.subjectLEARNING OPPORTUNITY
dc.subjectLEGAL STATUS
dc.subjectLEVEL OF EDUCATION
dc.subjectLIFETIME
dc.subjectLIQUIDITY
dc.subjectLIQUIDITY CONSTRAINTS
dc.subjectLIVING STANDARDS
dc.subjectLOAN
dc.subjectLOAN AMOUNT
dc.subjectLOCAL ECONOMY
dc.subjectMARKET ECONOMY
dc.subjectMICRO-DATA
dc.subjectMICRO-ENTERPRISE
dc.subjectMICRO-ENTERPRISE DEVELOPMENT
dc.subjectMICRO-ENTERPRISES
dc.subjectMICROENTERPRISES
dc.subjectMIDDLE EAST
dc.subjectMIGRANT
dc.subjectMIGRANTS
dc.subjectMIGRATION FLOWS
dc.subjectMIGRATION PROCESS
dc.subjectMINORITY
dc.subjectMOBILITY
dc.subjectMORTGAGE
dc.subjectNATIONAL DEVELOPMENT
dc.subjectNATIONS OF ORIGIN
dc.subjectNEW BUSINESS
dc.subjectNEW BUSINESSES
dc.subjectNEW ENTREPRENEURS
dc.subjectPLACE OF RESIDENCE
dc.subjectPOLICY MAKERS
dc.subjectPOLICY RESEARCH
dc.subjectPOLICY RESEARCH WORKING PAPER
dc.subjectPOLITICAL ECONOMY
dc.subjectPOOR HOUSEHOLDS
dc.subjectPOSITIVE COEFFICIENT
dc.subjectPROBABILITIES
dc.subjectPROBABILITY
dc.subjectPRODUCTIVE INVESTMENT
dc.subjectPRODUCTIVE INVESTMENTS
dc.subjectPRODUCTIVITY
dc.subjectPROGRESS
dc.subjectPURCHASING POWER
dc.subjectQUESTIONNAIRE
dc.subjectRECEIPT
dc.subjectREMITTANCES
dc.subjectREMITTANCES FROM MIGRANTS
dc.subjectRESOURCE MOBILIZATION
dc.subjectRESPECT
dc.subjectRETURN
dc.subjectRETURN MIGRATION
dc.subjectRETURNEES
dc.subjectRETURNS
dc.subjectROLE OF GENDER
dc.subjectRURAL AREAS
dc.subjectRURAL DEVELOPMENT
dc.subjectSALE
dc.subjectSALES
dc.subjectSAVINGS
dc.subjectSELF-EMPLOYMENT
dc.subjectSENIOR
dc.subjectSKILL DEVELOPMENT
dc.subjectSMALL BUSINESS
dc.subjectSMALL BUSINESS DEVELOPMENT
dc.subjectSMALL BUSINESSES
dc.subjectSMALL ENTERPRISES
dc.subjectSOCIAL CAPITAL
dc.subjectSOCIAL NETWORKS
dc.subjectSOCIAL NORMS
dc.subjectSOCIAL STATUS
dc.subjectSPOUSE
dc.subjectSTART-UP
dc.subjectSTART-UP CAPITAL
dc.subjectSTART-UPS
dc.subjectTAX
dc.subjectTECHNICAL ASSISTANCE
dc.subjectTECHNICAL SKILLS
dc.subjectTELEVISION
dc.subjectTEMPORARY MIGRANTS
dc.subjectTEMPORARY MIGRATION
dc.subjectTRANSACTION
dc.subjectTRANSACTION COSTS
dc.subjectTRANSPORTATION
dc.subjectTV
dc.subjectUNEMPLOYMENT
dc.subjectURBAN AREAS
dc.subjectURBAN UNEMPLOYMENT
dc.subjectVALUE OF COLLATERAL
dc.subjectWAGE
dc.subjectWAGES
dc.subjectWEALTH EFFECT
dc.subjectWORKING AGE
dc.subjectYOUNGER PEOPLE
dc.titleInvesting Back Home : Return Migration and Business Ownership in Albaniaen
dspace.entity.typePublication
okr.crossref.titleInvesting Back Home : Return Migration And Business Ownership In Albania
okr.date.doiregistration2025-04-10T09:39:42.467670Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2007/09/8358003/investing-back-home-return-migration-business-ownership-albania
okr.globalpracticeSocial, Urban, Rural and Resilience
okr.globalpracticeFinance and Markets
okr.globalpracticeHealth, Nutrition, and Population
okr.guid841261468002653974
okr.identifier.doi10.1596/1813-9450-4366
okr.identifier.externaldocumentum000158349_20070924101806
okr.identifier.internaldocumentum8358003
okr.identifier.reportWPS4366
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2007/09/24/000158349_20070924101806/Rendered/PDF/WPS4366.pdfen
okr.region.administrativeEurope and Central Asia
okr.region.countryAlbania
okr.topicFinance and Financial Sector Development::Access to Finance
okr.topicSocial Development::Voluntary and Involuntary Resettlement
okr.topicHealth, Nutrition and Population::Population Policies
okr.topicFinance and Financial Sector Development::Debt Markets
okr.unitDevelopment Research Group (DECRG)
okr.volume1 of 1
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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