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Loss of Human Capital Caused by Emigration

Author

Listed:
  • Iu. M. Slepenkova

    (Institute of Economics and Industrial Engineering, Siberian Branch, Russian Academy of Sciences
    Novosibirsk State University)

Abstract

— Today, the question is often raised about the need to increase investment in human capital, the efficiency of its use, as well as attraction to the regions. Working on the accumulation of human capital, it is necessary to ensure that it does not “leak” from the country; especially for highly skilled workers. The article considers the features of modern migration statistics in Russia. Using the methodology developed by the author, the paper assesses the losses caused by emigration. According to the results of the study, it was found that emigration statistics do not correctly reflect real migration flows. The resulting estimates of the loss of human capital turned out to be quite significant. Taking into account the additional potential losses caused by a possible slowdown in the scientific and technological development of the country, it is necessary to pay close attention to the ongoing processes, the adjustment of economic development programs and migration policy.

Suggested Citation

  • Iu. M. Slepenkova, 2022. "Loss of Human Capital Caused by Emigration," Studies on Russian Economic Development, Springer, vol. 33(4), pages 432-439, August.
    • Handle: RePEc:spr:sorede:v:33:y:2022:i:4:d:10.1134_s1075700722040104
    DOI: 10.1134/S1075700722040104
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    References listed on IDEAS

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    1. Larry A. Sjaastad, 1970. "The Costs and Returns of Human Migration," Palgrave Macmillan Books, in: Harry W. Richardson (ed.), Regional Economics, chapter 9, pages 115-133, Palgrave Macmillan.
    2. Sergey Ryazantsev & Marina Khramova, 2018. "Factors of Emigration from Russia: Regional Features," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(4), pages 1298-1311.
    3. Vladimir V. Maslennikov & Aleksandr S. Linnikov & Oleg V. Maslennikov, 2018. "The Estimation of Losses of the Russian Economy from Population Migration to Developed Countries in 2000–2017," Journal of Reviews on Global Economics, Lifescience Global, vol. 7, pages 442-449.
    4. A. O. Baranov & V. N. Pavlov & Iu. M. Slepenkova & T. O. Tagaeva, 2018. "Dynamic Input-Output Model with a Human Capital Block Applied to Forecasting of the Russian Economy," Studies on Russian Economic Development, Springer, vol. 29(6), pages 654-664, November.
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