Brain Drain and Economic Growth: An ARDL Analysis
Asad Abbas and
Mamoona Sayyeda Gul Zarrin
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Asad Abbas: Lecturer in Economics, Department of Economics, COMSATS University Islamabad, Vehari Campus, Pakistan
Mamoona Sayyeda Gul Zarrin: Research Student of COMSATS University Islamabad, Vehari Campus, Pakistan
Journal of Policy Research (JPR), 2023, vol. 9, issue 1, 528-537
Abstract:
This study is focus on empirical analysis of highly skilled labor force emigration from Pakistan to across world. We investigate that pull and push factors are the main cause of highly skilled migration across countries. Applying ARDL analysis, we find out the short-run and long-run effects of brain-drain on economy of Pakistan by using time series data over the period 2000-2022. The empirical results support the gravity model and demand -supply theories of migration. On the basis of our finding’s migration of brain-drain influence negatively economic growth but remittances that receive Pakistan from overseas nationals contributes positively to economic growth while remaining control variable have same signs explained by theories. We can recap the results that developing countries like Pakistan, focus on planned brain-export rather unplanned brain-drain.
Keywords: Total employed labor force; Trade; Gross fixed capital formation; Secondary school enrollment; Taxes; Broad Money; Remittances (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:rfh:jprjor:v:9:y:2023:i:1:p:528-537
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