INSTITUTIONAL IMPACT OF BRAIN DRAIN, HUMAN CAPITAL, AND INEQUALITY: A POLITICAL ECONOMY ANALYSIS
This paper uses an "exit and voice" political economy model to examine the institutional impact of brain drain, human capital, and inequality. Some of the main findings are: 1) the impact of brain drain m on institutional quality is L-shaped, with a maximum at m = 0; 2) the institutional i...
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Pontificia Universidad Católica de Chile. Instituto de Economía.
2016
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oai:scielo:S0719-043320160001000052017-02-02INSTITUTIONAL IMPACT OF BRAIN DRAIN, HUMAN CAPITAL, AND INEQUALITY: A POLITICAL ECONOMY ANALYSISSchiff,MauriceDocquier,Frédréric Human capital brain drain inequality institutional impact political economy This paper uses an "exit and voice" political economy model to examine the institutional impact of brain drain, human capital, and inequality. Some of the main findings are: 1) the impact of brain drain m on institutional quality is L-shaped, with a maximum at m = 0; 2) the institutional impact of human capital h is L-shaped; 3) the likelihood that institutions will improve with m (h) is inversely related to international (domestic) inequality. Thus, the prospect that institutions will improve with human capital is likely to be small in SSA and LAC, where income inequality is substantially higher than in East Asia.info:eu-repo/semantics/openAccessPontificia Universidad Católica de Chile. Instituto de Economía.Latin american journal of economics v.53 n.1 20162016-12-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0719-04332016000100005en10.7764/LAJE.53.1.95 |
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Human capital brain drain inequality institutional impact political economy |
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Human capital brain drain inequality institutional impact political economy Schiff,Maurice Docquier,Frédréric INSTITUTIONAL IMPACT OF BRAIN DRAIN, HUMAN CAPITAL, AND INEQUALITY: A POLITICAL ECONOMY ANALYSIS |
description |
This paper uses an "exit and voice" political economy model to examine the institutional impact of brain drain, human capital, and inequality. Some of the main findings are: 1) the impact of brain drain m on institutional quality is L-shaped, with a maximum at m = 0; 2) the institutional impact of human capital h is L-shaped; 3) the likelihood that institutions will improve with m (h) is inversely related to international (domestic) inequality. Thus, the prospect that institutions will improve with human capital is likely to be small in SSA and LAC, where income inequality is substantially higher than in East Asia. |
author |
Schiff,Maurice Docquier,Frédréric |
author_facet |
Schiff,Maurice Docquier,Frédréric |
author_sort |
Schiff,Maurice |
title |
INSTITUTIONAL IMPACT OF BRAIN DRAIN, HUMAN CAPITAL, AND INEQUALITY: A POLITICAL ECONOMY ANALYSIS |
title_short |
INSTITUTIONAL IMPACT OF BRAIN DRAIN, HUMAN CAPITAL, AND INEQUALITY: A POLITICAL ECONOMY ANALYSIS |
title_full |
INSTITUTIONAL IMPACT OF BRAIN DRAIN, HUMAN CAPITAL, AND INEQUALITY: A POLITICAL ECONOMY ANALYSIS |
title_fullStr |
INSTITUTIONAL IMPACT OF BRAIN DRAIN, HUMAN CAPITAL, AND INEQUALITY: A POLITICAL ECONOMY ANALYSIS |
title_full_unstemmed |
INSTITUTIONAL IMPACT OF BRAIN DRAIN, HUMAN CAPITAL, AND INEQUALITY: A POLITICAL ECONOMY ANALYSIS |
title_sort |
institutional impact of brain drain, human capital, and inequality: a political economy analysis |
publisher |
Pontificia Universidad Católica de Chile. Instituto de Economía. |
publishDate |
2016 |
url |
http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0719-04332016000100005 |
work_keys_str_mv |
AT schiffmaurice institutionalimpactofbraindrainhumancapitalandinequalityapoliticaleconomyanalysis AT docquierfredreric institutionalimpactofbraindrainhumancapitalandinequalityapoliticaleconomyanalysis |
_version_ |
1714206737311989760 |