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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Autores principales: Schiff,Maurice, Docquier,Frédréric
Lenguaje:English
Publicado: Pontificia Universidad Católica de Chile. Instituto de Economía. 2016
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Acceso en línea:http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0719-04332016000100005
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spelling 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
institution Scielo Chile
collection Scielo Chile
language English
topic Human capital
brain drain
inequality
institutional impact
political economy
spellingShingle 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
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