Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/142628
Authors: 
Kancs, d'Artis
Ciaian, Pavel
Year of Publication: 
2011
Series/Report no.: 
EERI Research Paper Series 21/2011
Abstract: 
Recently, the EU Council adopted a new labour migration policy instrument - the EU Blue Cards (BC) - for attracting the highly skilled workers to the EU. The present paper examines the potential impacts, which BC may cause on less developed sending countries (LDC). Our results suggest that the EU BC will reduce human capital in LDC. In addition, BC will also have a negative impact on knowledge capital. These findings suggest that without appropriate policy responses, BC makes developing country growth prospects rather bleak than blue. Therefore, we propose and analyse alternative migration policy instruments for LDC. We find that policies implemented on the demand side of the skilled labour market are the most efficient. In contrast, policies that address the supply side of the skilled labour market are the least efficient, though they might be less costly to implement.
Subjects: 
Knowledge capital
human capital
high-skill migration
innovative capital
economic growth
JEL: 
F02
F22
J24
J61
O15
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.