Brain drain, brain gain and optimal education policy: Implications for non-migrant welfare (notice n° 470649)
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| fixed length control field | 02464cam a2200277 4500500 |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20250121054613.0 |
| 041 ## - LANGUAGE CODE | |
| Language code of text/sound track or separate title | fre |
| 042 ## - AUTHENTICATION CODE | |
| Authentication code | dc |
| 100 10 - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Schiff, Maurice |
| Relator term | author |
| 245 00 - TITLE STATEMENT | |
| Title | Brain drain, brain gain and optimal education policy: Implications for non-migrant welfare |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
| Date of publication, distribution, etc. | 2021.<br/> |
| 500 ## - GENERAL NOTE | |
| General note | 46 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc. | A greater investment in education ( h) is an optimal ex-ante response to a brain drain (BD). However, sending country governments must deal with the ex-post situation of residents with higher h but who failed to migrate. And though a net brain gain has been viewed as a benefit and referred to as a ‘ beneficial brain drain’ in the literature, its welfare impact for source country residents is at best ambiguous. Increased educational investment in response to a BD is equivalent to a bet where migrants ( M) win and the impact on residents ( R)—whose well-being is a concern for the government—is ambiguous or negative. I compare residents’ welfare for an open vs. a closed economy, a) under the presence or absence of an education externality, b) with or without government intervention, and c) with government’s concern equal for R and M ( R = M) or greater for R ( R > M). Main findings are: i) residents are worse off under an open economy in most scenarios, with an ambiguous result under an externality and no intervention; ii) optimal education policy under an externality has a positive (ambiguous) impact on residents’ welfare under a closed (open) economy; iii) residents’ welfare is higher under intervention for R > M than for R = M; iv) an increase in the immigration policy’s degree of skill-selectivity reduces residents’ welfare. One policy implication is that subsidizing higher education, which is optimal under an education externality in a closed economy, is not necessarily optimal under an open economy.JEL Codes: F22, I20, J61. |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | source country residents |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | net brain gain |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | education policy |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | welfare |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | brain drain |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | source country residents |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | net brain gain |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | education policy |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | welfare |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | brain drain |
| 786 0# - DATA SOURCE ENTRY | |
| Note | Revue d’économie du développement | 28 | 2 | 2021-08-18 | p. 5-29 | 1245-4060 |
| 856 41 - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | <a href="https://shs.cairn.info/journal-revue-d-economie-du-developpement-2020-2-page-5?lang=en&redirect-ssocas=7080">https://shs.cairn.info/journal-revue-d-economie-du-developpement-2020-2-page-5?lang=en&redirect-ssocas=7080</a> |
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