INSTITUTIONAL IMPACT OF BRAIN DRAIN, HUMAN CAPITAL, AND INEQUALITY: A POLITICAL ECONOMY ANALYSIS

dc.creator	Schiff,Maurice
dc.creator	Docquier,Frédréric
dc.date	2016-12-01
dc.date.accessioned	2019-04-25T12:42:06Z
dc.date.available	2019-04-25T12:42:06Z
dc.identifier	https://scielo.conicyt.cl/scielo.php?script=sci_arttext&pid=S0719-04332016000100005
dc.identifier.uri	http://revistaschilenas.uchile.cl/handle/2250/61349
dc.description	This paper uses an "exit and voice" political economy model to examine the institutional impact of brain drain, human capital, and inequality. Some of the main findings are: 1) the impact of brain drain m on institutional quality is L-shaped, with a maximum at m = 0; 2) the institutional impact of human capital h is L-shaped; 3) the likelihood that institutions will improve with m (h) is inversely related to international (domestic) inequality. Thus, the prospect that institutions will improve with human capital is likely to be small in SSA and LAC, where income inequality is substantially higher than in East Asia.
dc.format	text/html
dc.language	en
dc.publisher	Pontificia Universidad Católica de Chile. Instituto de Economía.
dc.relation	10.7764/LAJE.53.1.95
dc.rights	info:eu-repo/semantics/openAccess
dc.source	Latin american journal of economics v.53 n.1 2016
dc.subject	Human capital
dc.subject	brain drain
dc.subject	inequality
dc.subject	institutional impact
dc.subject	political economy
dc.title	INSTITUTIONAL IMPACT OF BRAIN DRAIN, HUMAN CAPITAL, AND INEQUALITY: A POLITICAL ECONOMY ANALYSIS