Brain Drain and Development Traps

Jean-Pascal Benassy and Elise Brezis ()

No 2012-03, Working Papers from Bar-Ilan University, Department of Economics

Abstract: This paper links the two fields of “development traps” and “brain drain”. We construct a model which integrates endogenous international migration into a simple growth model. As a result the dynamics of the economy can feature some underdevelopment traps: an economy starting with a low level of human capital can be caught in a vicious circle where low level of human capital leads to low wages, and low wages leads to emigration of valuable human capital. We also show that our model displays a rich array of different dynamic regimes, including the above traps, but other regimes as well, and we link explicitly the nature of the regimes to technology and policy parameters.

Keywords: brain drain; development traps; human capital; migration. (search for similar items in EconPapers)
JEL-codes: F22 J61 O11 O15 (search for similar items in EconPapers)
Pages: 21 pages
Date: 2012-01
New Economics Papers: this item is included in nep-dge, nep-hrm, nep-ipr, nep-pr~ and nep-mig
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Related works:
Journal Article: Brain drain and development traps (2013)
Working Paper: Brain drain and development traps (2013)
Working Paper: Brain drain and development traps (2013)
Working Paper: Brain drain and development traps (2013)
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