Should I stay or should I go? An institutional approach to brain drain
This paper suggests that institutional factors which reward social networks at the expenses of productivity can play an important role in explaining brain drain. The effects of social networks on brain drain are analyzed in a decision theory framework with asymmetric information. We distinguish between the role of insidership and personal connections. The larger the cost of being an outsider, the smaller is the number and the average ability of researchers working in the domestic job market. Personal connections partly compensate for this effect by attracting highly connected researchers back. However, starting from a world with no distortions, personal connections also increase brain drain.
|Date of creation:||Jun 2010|
|Contact details of provider:|| Postal: Schönberggasse 1, CH-8001 Zürich|
Phone: +41-1-634 21 37
Fax: +41-1-634 49 82
Web page: http://www.econ.uzh.ch/
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Paul Winters & Alain de Janvry & Elisabeth Sadoulet, 2001.
"Family and Community Networks in Mexico-U.S. Migration,"
Journal of Human Resources,
University of Wisconsin Press, vol. 36(1), pages 159-184.
- Winters, Paul C. & de Janvry, Alain & Sadoulet, Elisabeth, 1999. "Family And Community Networks In Mexico-U.S. Migration," Working Papers 12907, University of New England, School of Economics.
- Kwok, Peter & Leland, Hayne, 1984. "Migration and Asymmetric Information: Reply," American Economic Review, American Economic Association, vol. 74(3), pages 535-535, June.
- Kwok, Viem & Leland, Hayne, 1982. "An Economic Model of the Brain Drain," American Economic Review, American Economic Association, vol. 72(1), pages 91-100, March.
- P. Giannoccolo, 2005. "Brain Drain Competition Policies in Europe: a Survey," Working Papers 534, Dipartimento Scienze Economiche, Universita' di Bologna.
- Pierpaolo Giannoccolo, 2005. ""Brain Drain Competition" Policies in Europe: a Survey," Working Papers 20060201, Università degli Studi di Milano-Bicocca, Dipartimento di Statistica, revised Feb 2006.
- Katz, Eliakim & Stark, Oded, 1984. "Migration and Asymmetric Information: Comment," American Economic Review, American Economic Association, vol. 74(3), pages 533-534, June.
- Lien, Da-Hsiang Donald, 1987. "Economic analysis of brain drain," Journal of Development Economics, Elsevier, vol. 25(1), pages 33-43, February. Full references (including those not matched with items on IDEAS)
When requesting a correction, please mention this item's handle: RePEc:zur:iewwpx:489. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Marita Kieser)
If references are entirely missing, you can add them using this form.