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Remittances and the Brain Drain: Evidence from Microdata for Sub-Saharan Africa
Bredtmann, Julia; Martínez Flores, Fernanda; Otten, … - 2016
Research on the relationship between high-skilled migration and remittances has been limited by the lack of suitable …. Our results reveal that migrants' education has no significant impact on the likelihood of sending remittances …. Conditional on sending remittances, however, high-skilled migrants send significantly higher amounts of money to their households …
Persistent link: https://www.econbiz.de/10011584682
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Remittances, financial development, and growth
Giuliano, Paola; Ruiz-Arranz, Marta - 2006
Despite the increasing importance of remittances in total international capital flows, the relationship between … remittances and growth has not been adequately studied. This paper studies one of the links between remittances and growth, in … particular how local financial sector development influences a country's capacity to take advantage of remittances Using a newly …
Persistent link: https://www.econbiz.de/10010267976
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Brain drain in globalization: a general equilibrium analysis from the sending countries' perspective
Marchiori, Luca; Shen, I-ling; Docquier, Frédéric - 2009
The paper assesses the global effects of brain drain on developing economies and quantifies the relative sizes of various static and dynamic impacts. By constructing a unified generic framework characterized by overlapping-generations dynamics and calibrated to real data, this study incorporates...
Persistent link: https://www.econbiz.de/10010269352
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Financial constraints and innovation: why poor countries don't catch up
Gorodnichenko, Yuriy; Schnitzer, Monika - 2010
This paper examines micro-level channels of how financial development can affect macroeconomic outcomes like the level of income and export intensity. We investigate theoretically and empirically how financial constraints affect a firm's innovation and export activities, using unique firm survey...
Persistent link: https://www.econbiz.de/10010269463
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Distribution of natural resources, entrepreneurship and economic development: growth dynamics with two elites
Falkinger, Josef; Grossmann, Volker - 2005
This paper develops a model in which the interaction of entrepreneurial investments and power of the owners of land or other natural resources determines structural change and economic development. A more equal distribution of natural resources promotes structural change and growth through two...
Persistent link: https://www.econbiz.de/10010267484
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Monotheism (from a sociopolitical and economic perspective)
Iyigun, Murat - 2007
The Axial Age, which lasted between 800 B. C. E. and 200 B. C. E., covers an era in which the spiritual foundations of humanity were laid simultaneously and independently in various geographic areas, and all three major monotheisms of Judaism, Christianity and Islam were born between 1200 B. C....
Persistent link: https://www.econbiz.de/10010268511
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Cultures, clashes and peace
Fletcher, Erin; Iyigun, Murat - 2009
Ethnic and religious fractionalization have important effects on economic growth and development, but their role in internal violent conflicts has been found to be negligible and statistically insignificant. These findings have been invoked in refutation of the Huntington hypothesis, according...
Persistent link: https://www.econbiz.de/10010269143
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Re-orient? MNC penetration and contemporary shifts in the global political economy
Tausch, Arno; Heshmati, Almas - 2009
This article analyses IMF estimates of economic growth in 180 countries (IMF, 2009), and inks the results to the Re-orient approach, put forward by Frank, 1998. With global economic gravitation shifting to the Indian Ocean/Pacific region, the article also analyses the role of MNC (foreign...
Persistent link: https://www.econbiz.de/10010271250
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Institutions and Development : The Interaction between Trade Regime and Political System
Falkinger, Josef; Grossmann, Volker - 2004
This paper argues that openness to goods trade in combination with an unequal distribution of political power has been a major determinant of the comparatively slow development of resource- or land-abundant regions like South America and the Caribbean in the nineteenth century. We develop a...
Persistent link: https://www.econbiz.de/10010273741
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Cultural diversity, geographical isolation, and the origin of the wealth of nations
Ashraf, Quamrul; Galor, Oded - 2012
This research argues that variations in the interplay between cultural assimilation and cultural diffusion have played a significant role in giving rise to differential patterns of economic development across the globe. Societies that were geographically less vulnerable to cultural diffusion...
Persistent link: https://www.econbiz.de/10010282579