Showing 1 - 10 of 18
Brain drain BD, human capital h, and inequality's institutional impact is examined in a model where a rent-seeking elite taxes residents and voicing affects the likelihood of regime change. We find that BD and h's impact on institutional quality (Q) are as follows: i) Q is a U-shaped function of...
Persistent link: https://www.econbiz.de/10012550218
emigration affects home country institutions and considers dynamic-panel regressions for a large sample of developing countries …. We find that emigration and human capital both increase democracy and economic freedom. This implies that unskilled … (skilled) emigration has a positive (ambiguous) impact on institutional quality. Simulations show an impact of skilled …
Persistent link: https://www.econbiz.de/10009230198
This paper examines two issues associated with the impact of migration on household income and poverty. First, existing studies have typically overlooked a feature of migration that should be taken into account in estimating its impact, namely the fact that migration changes the size of the...
Persistent link: https://www.econbiz.de/10003310960
Commodity price increases associated with the entry of China, India and other countries into the world economy has led to increased pressure on common-property renewable natural resources (NR). The problem is particularly worrisome for economies that obtain a large share of their income from the...
Persistent link: https://www.econbiz.de/10003961657
Is ability drain (AD) economically significant? That immigrants or their children founded over 40% of the Fortune 500 US companies suggests it is. Moreover, brain drain (BD) induces a brain gain (BG). This cannot occur with ability. Nonetheless, while BD has been studied extensively, AD drain...
Persistent link: https://www.econbiz.de/10011407693
Based on a welfare-maximization model of skilled migration where education generates a positive externality, this paper examines whether the early view regarding brain drain's (BD) negative impact on source countries and the Bhagwati tax (BT) associated with it, is compatible with the recent...
Persistent link: https://www.econbiz.de/10011868679
Ability drain's (AD) impact on host countries is significant: 30 percent of US Nobel laureates since 1906 are immigrants, and they or their children founded 40 percent of Fortune 500 companies. However, while brain drain (BD) and gain (BG) have been studied extensively, AD has not. I examine...
Persistent link: https://www.econbiz.de/10015044971
, financial sector development and expected growth rate. The estimation takes potential endogeneity into account, an issue not …, financial sector development and population, and decrease with these countries' income and expected growth rate. -- Migration …
Persistent link: https://www.econbiz.de/10003666476
education, and with the interaction between the two, and it decreases with the emigration of skilled labor (brain drain); ii …
Persistent link: https://www.econbiz.de/10003656947
Though a net brain gain has tended to be seen as a benefit and referred to as a 'beneficial brain drain' in the literature, its welfare impact for source country residents - or non-migrants - is at best ambiguous. Increased educational investment in response to a brain drain is equivalent to a...
Persistent link: https://www.econbiz.de/10011849103