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International Trade in Education, Skilled Migration and Economic Growth

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Author Info
Lan Hong Thi Dang
Russell H Hillberry

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Abstract

International trade in education is a large and growing phenomenon. We investigate the consequences of such trade for economic growth in developing countries using a model with a role for trade costs and endogenous emigration of students educated abroad. The developing country’s comparative disadvantage in education means that trade allows it to acquire human capital at a lower opportunity cost, and raise its steadystate growth rate. If a sufficiently large share of students remain abroad, however, the net effect of international trade and skilled migration reduces steady-state growth rates below their autarky levels

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File URL: http://www.economics.unimelb.edu.au/SITE/research/workingpapers/wp08/1055.pdf
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Paper provided by The University of Melbourne in its series Department of Economics - Working Papers Series with number 1055.

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Length: 26 pages
Date of creation: 2008
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Handle: RePEc:mlb:wpaper:1055

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  1. Bhagwati, Jagdish & Hamada, Koichi, 1974. "The brain drain, international integration of markets for professionals and unemployment : A theoretical analysis," Journal of Development Economics, Elsevier, vol. 1(1), pages 19-42, April. [Downloadable!] (restricted)
  2. Miyagiwa, Kaz, 1991. "Scale Economies in Education and the Brain Drain Problem," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 32(3), pages 743-59, August. [Downloadable!] (restricted)
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  3. Lee, Jong-Wha, 1995. "Capital goods imports and long-run growth," Journal of Development Economics, Elsevier, vol. 48(1), pages 91-110, October. [Downloadable!] (restricted)
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This page was last updated on 2009-11-23.


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