Brain Drain and Economic Growth: Evidence of Productivity Growth From Brain Circulation
Ver/ abrir
Use este enlace para citar
http://hdl.handle.net/2183/30171
A non ser que se indique outra cousa, a licenza do ítem descríbese como Atribución-NoComercial 4.0 Internacional (CC BY-NC 4.0)
Coleccións
Metadatos
Mostrar o rexistro completo do ítemTítulo
Brain Drain and Economic Growth: Evidence of Productivity Growth From Brain CirculationAutor(es)
Data
2021-12-01Cita bibliográfica
Yu, W. (2021). Brain drain and economic growth: evidence of productivity growth from brain circulation. European Journal of Government and Economics, 10(2), 128-145. https://doi.org/10.17979/ejge.2021.10.2.7831
Resumo
[Abstract] This paper analyzes the effect of the so-called ‘brain drain’ on economic growth through the channel of growth in total factor productivity. We analyze panel data that measure the severity of brain drain, which are from IMD and the U.S. National Science Foundation. Our analysis shows that middle-income countries have more brain drain compared to the group of high-income countries. Also, emerging economies that grow fast tend to experience more brain drain. Our results from fixed effects regression models show that that brain drain has a significant and positive impact on economic growth, and the main channel is productivity growth. This can be considered as evidence of the positive effects of ‘brain circulation’, which is one of the brain drain phenomena that settlement of the talents in advanced countries can eventually help improve the productivity of home country by the sharing of advanced technologies and skills around them with colleagues in motherland. Therefore, a strategy of utilizing overseas resident talents should also be considered, alongside the brain-attraction policy.
Palabras chave
Brain drain
Brain circulation
Economic growth
Total factor productivity
Brain circulation
Economic growth
Total factor productivity
Versión do editor
Dereitos
Atribución-NoComercial 4.0 Internacional (CC BY-NC 4.0)
ISSN
2254-7088