Brain drain and development traps

Jean-Pascal Benassy and Elise Brezis ()

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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)
Date: 2013-05
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Citations: View citations in EconPapers (7)

Published in Journal of Development Economics, 2013, 102, pp.15-22. ⟨10.1016/j.jdeveco.2012.11.002⟩

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Journal Article: Brain drain and development traps (2013)
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Working Paper: Brain drain and development traps (2013)
Working Paper: Brain Drain and Development Traps (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:pseptp:halshs-01118567

DOI: 10.1016/j.jdeveco.2012.11.002

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