Brain drain and factor complementarity
AbstractIn this paper we develop a neoclassical growth model that aggregates different types of labor skills from strict complementarity to perfect substitution. After having derived general balanced growth conditions and developed explicit growth paths for capital and aggregate labor force, the model serves to qualitatively study the effect of brain drain on income and wages of the source country.
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Bibliographic InfoPaper provided by Bielefeld University, Center for Mathematical Economics in its series Working Papers with number 380.
Length: 22 pages
Date of creation: Apr 2006
Date of revision:
Brain drain; growth; complementary; migration;
Other versions of this item:
- F22 - International Economics - - International Factor Movements and International Business - - - International Migration
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
- J61 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Geographic Labor Mobility; Immigrant Workers
- E13 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Neoclassical
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