Brain drain and development traps

Jean Pascal Bénassy, Elise S. Brezis

Research output: Contribution to journalArticlepeer-review

24 Scopus citations

Abstract

This paper links the two fields of "development traps" and "brain drain". We construct a model which integrates endogenous international migration into a simple growth model. As a result the dynamics of the economy can feature some underdevelopment traps: an economy starting with a low level of human capital can be caught in a vicious circle where low level of human capital leads to low wages, and low wages leads to emigration of valuable human capital. We also show that our model displays a rich array of different dynamic regimes, including the above traps, but other regimes as well, and we link explicitly the nature of the regimes to technology and policy parameters.

Original languageEnglish
Pages (from-to)15-22
Number of pages8
JournalJournal of Development Economics
Volume102
DOIs
StatePublished - May 2013

Bibliographical note

issue name: Migration and Development

Keywords

  • Brain drain
  • Development traps
  • Human capital
  • Migration

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