Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/226162
Authors: 
Landesmann, Michael
Mara, Isilda
Year of Publication: 
2016
Series/Report no.: 
wiiw Balkan Observatory Working Papers No. 124
Abstract: 
We analyse the effect of massive migration particularly from the Western Balkans and the Central and Eastern European countries on human capital and growth. In our analysis, we use a system of three equations to estimate simultaneously the effect of migration on human capital and on growth. An important driver of migration is chain migration, as well as the unemployment and income differentials between developing and developed countries. Overall, our findings suggest that migration of highly skilled from the Western Balkan and Central Eastern European countries has been beneficial to economic growth and income convergence of these countries. Our analysis supports the positive impact of low-skilled migration on the composition of human capital in the source countries.
Subjects: 
migration
brain drain
brain gain
economic growth
human capital
JEL: 
F22
J24
O15
O40
Document Type: 
Working Paper

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