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Persistent link: https://www.econbiz.de/10012203061
This paper critiques the last decade of research on the effects of high-skill emigration from developing countries, and proposes six new directions for fruitful research. The study singles out a core assumption underlying much of the recent literature, calling it the Lump of Learning model of...
Persistent link: https://www.econbiz.de/10011307889
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/10012548126
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
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
Persistent link: https://www.econbiz.de/10010384713
Persistent link: https://www.econbiz.de/10011526198
Over the past decades, globalization has led to a huge increase in the migration of workers, as well as students. This paper develops a simple two-step model that describes the decisions of an individual vis-à-vis education and migration, and presents a unified model, wherein the two migration...
Persistent link: https://www.econbiz.de/10011542662
The correlation among agglomeration, externalities, and human capital growth is a question that requires extensive empirical and analytical investigation. This article hypothesizes that entities that cluster in geographic space take advantage of external economies and develop more rapidly than...
Persistent link: https://www.econbiz.de/10010474482
Human-capital migration and its consequences for regional development are among the central issues discussed in migration and regional literature, while a growing interest has been recently observed in student migration as a driver of brain exchange between regions and countries. Furthermore,...
Persistent link: https://www.econbiz.de/10012422460