Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/174938
Authors: 
Giesing, Yvonne
Laurentsyeva, Nadzeya
Year of Publication: 
2017
Series/Report no.: 
CESifo Working Paper 6815
Abstract: 
This paper establishes a causal link between the emigration of skilled workers and firm performance in source countries. Using firm-level panel data from ten Eastern European countries, we show that the emigration of skilled workers lowers firm total factor productivity. We exploit time, country, and industry differences in the opening of EU labor markets from 2004 to 2014 as a source of exogenous variation in the emigration rates from new EU member states. We argue that a potential channel behind this effect relates to the reduction in firm-specific human capital due to a higher worker turnover.
Subjects: 
migration
firm productivity
human capital
EU enlargement
JEL: 
O15
D24
F22
J24
Document Type: 
Working Paper
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