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Brain Drain and Economic Growth: A Critical Review

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  • Simona Monteleone

Abstract

Does the brain drain have negative or positive effect on the development and growth of those left behind? This paper shows the empirical and theoretical relevance of the phenomenon and reviews both the traditional literature and recent contributions on the effects of the brain drain. The first generation models considered the brain drain harmful for the country of origin, underlining effects on wages, employment and growth, whilst the more recent literature shows positive effects on the population and holds that the brain drain increases the accumulation of human capital, as major driver of economic growth. Return migration boosts the positive effects of the brain drain.

Suggested Citation

  • Simona Monteleone, 2011. "Brain Drain and Economic Growth: A Critical Review," QA - Rivista dell'Associazione Rossi-Doria, Associazione Rossi Doria, issue 1, March.
  • Handle: RePEc:rar:journl:0205
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    File URL: http://www.francoangeli.it/riviste/Scheda_Riviste.asp?IDArticolo=41847&Tipo=Articolo%20PDF&lingua=en
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    References listed on IDEAS

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    More about this item

    Keywords

    International migration; Human capital; Growth;

    JEL classification:

    • 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

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