Institutional Impact of Brain Drain, Human Capital, and Inequality: a political economy analysis



Título del documento: Institutional Impact of Brain Drain, Human Capital, and Inequality: a political economy analysis
Revista: Latin american journal of economics
Base de datos: CLASE
Número de sistema: 000448515
ISSN: 0719-0425
Autores: 1
2
Instituciones: 1IZA - Institute of Labor Economics, Bonn, Nordrhein-Westfalen. Alemania
2Universite Catholique de Louvain, Lovaina, Brabante. Bélgica
Año:
Periodo: Dic
Volumen: 53
Número: 1
Paginación: 95-110
País: Chile
Idioma: Inglés
Tipo de documento: Artículo
Enfoque: Analítico, descriptivo
Resumen en inglés 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
Disciplinas: Economía
Palabras clave: Condiciones económicas,
Economía política,
Capital humano,
Fuga de cerebros,
Impacto institucional,
Análisis económico,
Modelos econométricos
Texto completo: Texto completo (Ver PDF)