| 000 | 02464cam a2200277 4500500 | ||
|---|---|---|---|
| 005 | 20250121054613.0 | ||
| 041 | _afre | ||
| 042 | _adc | ||
| 100 | 1 | 0 |
_aSchiff, Maurice _eauthor |
| 245 | 0 | 0 | _aBrain drain, brain gain and optimal education policy: Implications for non-migrant welfare |
| 260 | _c2021. | ||
| 500 | _a46 | ||
| 520 | _aA 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 | _asource country residents | ||
| 690 | _anet brain gain | ||
| 690 | _aeducation policy | ||
| 690 | _awelfare | ||
| 690 | _abrain drain | ||
| 690 | _asource country residents | ||
| 690 | _anet brain gain | ||
| 690 | _aeducation policy | ||
| 690 | _awelfare | ||
| 690 | _abrain drain | ||
| 786 | 0 | _nRevue d’économie du développement | 28 | 2 | 2021-08-18 | p. 5-29 | 1245-4060 | |
| 856 | 4 | 1 | _uhttps://shs.cairn.info/journal-revue-d-economie-du-developpement-2020-2-page-5?lang=en&redirect-ssocas=7080 |
| 999 |
_c470649 _d470649 |
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