Existing literature about migration flows between developing and developed countries provides numerous country cases on brain drain related issues. One study suggests that, Turkey is relatively unsuccessful on managing brain drain. On the contrary, other study depicts that India converted brain...

In this paper we develop an extended Solow growth model with skilled labor emigration which aggregates different labor types from strict complementarity to perfect substitution. Except in two particular cases, balanced growth paths can only be attained asymptotically. We therefore derive an...

As developing countries embark on a policy agenda of innovation-based growth, they face an acute shortage of competent individuals who know the country well, but who are not part of the “status quo” and therefore have no vested interests other than the best possible country outcome....

We reevaluate the hypothesis and empirical result that ethnic civil wars lead to higher skilled emigration (Bang and Mitra, 2013). We develop a simple conceptual framework that predicts contrasting results depending upon if the economy is assumed to be agglomerating in skilled labor or...

In this study, we quantify the role of foreign-born founders in high-tech entrepreneurship in a nationally representative sample of rapidly growing "high-impact" companies. This class of companies drives job creation and aggregate growth in the U.S. We find that, while most previous studies have...

The aim of this paper is to evaluate the causal effect of foreign acquisition on R&D intensity in targeted domestic firms. We are able to distinguish domestic multinationals and non-multinationals, which allows us to investigate the fear that the change in ownership of domestic to foreign...

This paper studies whether skilled migrants contribute to the host country's "productive efficiency" (Farrell, 1957) using input-output and immigration sectoral data for seven industries in twelve countries during the period 1999-2001. We find that skilled migrants contribute positively to a...

Recently, the European Commission has proposed to introduce a new migration policy instrument - Blue Cards - to attract highly skilled workers from abroad by lifting labour market restrictions, offering financial and housing benefits. The excludability character of human capital suggests that...

The role of migrants' networks in promoting cross border investments has been stressed in the literature, possibly making migration and FDI complements rather than substitutes in the long run. In this paper, we estimate the magnitude of such business network externalities in dynamic empirical...

This paper considers the allocation of two types of individuals differentiated by levels of talent within and between two countries when they choose to be workers or entrepreneurs. The equilibrium with international migrations requires both countries to be sufficiently different in talent...