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Migration and Dynamics: How a Leakage of Human Capital Lubricates the Engine of Economic Growth

Gerhard Sorger, Oded Stark and Yong Wang ()

No 155027, Discussion Papers from University of Bonn, Center for Development Research (ZEF)

Abstract: This paper studies the growth dynamics of a developing country under migration. Assuming that human capital formation is subject to a strong enough, positive intertemporal externality, the prospect of migration will increase growth in the home country in the long run. If the external effect is less strong, there exists at least a level effect on the stock of human capital in the home country. In either case, the home country experiences a welfare gain, provided that migration is sufficiently restrictive. These results, obtained in a dynamic general equilibrium setting, extend and strengthen the results of Stark and Wang (2002) obtained in the context of a static model.

Keywords: Community/Rural/Urban Development; Institutional and Behavioral Economics; Labor and Human Capital (search for similar items in EconPapers)
Pages: 31
Date: 2013-07
New Economics Papers: this item is included in nep-dge, nep-hrm, nep-lab, nep-mig and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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https://ageconsearch.umn.edu/record/155027/files/DP181.pdf (application/pdf)

Related works:
Journal Article: Migration and dynamics: How a leakage of human capital lubricates the engine of economic growth (2013) Downloads
Working Paper: Migration and dynamics: How a leakage of human capital lubricates the engine of economic growth (2013) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:ags:ubzefd:155027

DOI: 10.22004/ag.econ.155027

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