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Article dans une revue Journal of Development Economics Année : 2013

Brain drain and development traps

Résumé

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.
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Dates et versions

halshs-00846515, version 1 (19-07-2013)

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Jean-Pascal Bénassy, Elise S. Brezis. Brain drain and development traps. Journal of Development Economics, 2013, 102, pp.15-22. ⟨10.1016/j.jdeveco.2012.11.002⟩. ⟨halshs-00846515⟩
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