Brain Gain : Claims about its Size and Impact on Welfare and Growth Are Greatly Exaggerated
Based on static partial equilibrium analysis, the "new brain drain" literature argues that, by raising the return to education, a brain drain generates a brain gain that is, under certain conditions, larger than the brain drain itself, and that such a net brain gain results in an increase in welfare and growth due to education's positive externalities. This paper argues that these claims are exaggerated. In the static case, and based on both partial and general equilibrium considerations, the paper shows that (1) the size of the brain gain is smaller than suggested in that literature; (2) the impact on welfare and growth is smaller as well (for any brain gain size); (3) a positive brain gain is likely to result in a smaller, possibly negative, human capital gain; (4) an increase in the stock of human capital may have a negative impact on welfare and growth; and (5) in a dynamic framework, the paper shows that the steady-state brain gain is equal to the brain drain so that a 'beneficial brain drain' cannot take place, and a net brain loss is likely during the transition.
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dig-okr-1098682892024-08-08T17:20:15Z Brain Gain : Claims about its Size and Impact on Welfare and Growth Are Greatly Exaggerated Schiff, Maurice ADVERSE EFFECTS AVERAGE MIGRATION BRAIN DRAIN BRAIN GAIN BRAIN WASTE BRAIN-DRAIN CAPITAL GAIN CENSUS DATA CONTEMPORANEOUS EXTERNALITIES COST OF MIGRATION COUNTRY OF ORIGIN DISPOSABLE INCOME DYNAMIC ANALYSIS EDUCATED PEOPLE EDUCATIONAL ATTAINMENT ELASTICITY EMIGRATION EMIGRATION COUNTRIES EMPLOYMENT EQUILIBRIUM EXPECTED RETURN EXPECTED UTILITY FAMILIES FOREIGN WORKERS GDP GENERAL EQUILIBRIUM ANALYSIS GNP GNP PER CAPITA GROWTH RATE HUMAN CAPITAL IDEAS IMMIGRANTS IMMIGRATION IMMIGRATION POLICIES IMMIGRATION POLICY IMPACT OF MIGRATION INCOME LABOR FORCE LABOR MIGRATION LEARNING LITERATURE MALNUTRITION MANAGERS MEDIA MIGRANT MIGRANTS NEGATIVE EXTERNALITIES NUMBER OF MIGRANTS NURSES NURSING NUTRITION NUTRITIONAL STATUS OPPORTUNITY COST PARENTS PARTIAL EQUILIBRIUM ANALYSIS POSITIVE EXTERNALITIES PUBLIC SECTOR RANDOM WALK REGIONAL DIFFERENCES RISK AVERSION SKILLED LABOR SKILLED MIGRANTS SKILLED PEOPLE SKILLED WORKER SKILLED WORKERS SOCIETY SUB-SAHARAN AFRICA TAX REVENUES TAXATION TERTIARY EDUCATION UNEMPLOYMENT UNSKILLED LABOR UNSKILLED MIGRATION UNSKILLED WORKERS UTILITY FUNCTION WAGE GAP WAGES WORKER MIGRATION Based on static partial equilibrium analysis, the "new brain drain" literature argues that, by raising the return to education, a brain drain generates a brain gain that is, under certain conditions, larger than the brain drain itself, and that such a net brain gain results in an increase in welfare and growth due to education's positive externalities. This paper argues that these claims are exaggerated. In the static case, and based on both partial and general equilibrium considerations, the paper shows that (1) the size of the brain gain is smaller than suggested in that literature; (2) the impact on welfare and growth is smaller as well (for any brain gain size); (3) a positive brain gain is likely to result in a smaller, possibly negative, human capital gain; (4) an increase in the stock of human capital may have a negative impact on welfare and growth; and (5) in a dynamic framework, the paper shows that the steady-state brain gain is equal to the brain drain so that a 'beneficial brain drain' cannot take place, and a net brain loss is likely during the transition. 2012-06-18T16:47:11Z 2012-06-18T16:47:11Z 2005-09 http://documents.worldbank.org/curated/en/2005/09/6265717/brain-gain-claims-size-impact-welfare-growth-greatly-exaggerated https://hdl.handle.net/10986/8289 English Policy Research Working Paper; No. 3708 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank application/pdf text/plain World Bank, Washington, DC |
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Banco Mundial |
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Estados Unidos |
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US |
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Bibliográfico |
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America del Norte |
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Biblioteca del Banco Mundial |
| language |
English |
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ADVERSE EFFECTS AVERAGE MIGRATION BRAIN DRAIN BRAIN GAIN BRAIN WASTE BRAIN-DRAIN CAPITAL GAIN CENSUS DATA CONTEMPORANEOUS EXTERNALITIES COST OF MIGRATION COUNTRY OF ORIGIN DISPOSABLE INCOME DYNAMIC ANALYSIS EDUCATED PEOPLE EDUCATIONAL ATTAINMENT ELASTICITY EMIGRATION EMIGRATION COUNTRIES EMPLOYMENT EQUILIBRIUM EXPECTED RETURN EXPECTED UTILITY FAMILIES FOREIGN WORKERS GDP GENERAL EQUILIBRIUM ANALYSIS GNP GNP PER CAPITA GROWTH RATE HUMAN CAPITAL IDEAS IMMIGRANTS IMMIGRATION IMMIGRATION POLICIES IMMIGRATION POLICY IMPACT OF MIGRATION INCOME LABOR FORCE LABOR MIGRATION LEARNING LITERATURE MALNUTRITION MANAGERS MEDIA MIGRANT MIGRANTS NEGATIVE EXTERNALITIES NUMBER OF MIGRANTS NURSES NURSING NUTRITION NUTRITIONAL STATUS OPPORTUNITY COST PARENTS PARTIAL EQUILIBRIUM ANALYSIS POSITIVE EXTERNALITIES PUBLIC SECTOR RANDOM WALK REGIONAL DIFFERENCES RISK AVERSION SKILLED LABOR SKILLED MIGRANTS SKILLED PEOPLE SKILLED WORKER SKILLED WORKERS SOCIETY SUB-SAHARAN AFRICA TAX REVENUES TAXATION TERTIARY EDUCATION UNEMPLOYMENT UNSKILLED LABOR UNSKILLED MIGRATION UNSKILLED WORKERS UTILITY FUNCTION WAGE GAP WAGES WORKER MIGRATION ADVERSE EFFECTS AVERAGE MIGRATION BRAIN DRAIN BRAIN GAIN BRAIN WASTE BRAIN-DRAIN CAPITAL GAIN CENSUS DATA CONTEMPORANEOUS EXTERNALITIES COST OF MIGRATION COUNTRY OF ORIGIN DISPOSABLE INCOME DYNAMIC ANALYSIS EDUCATED PEOPLE EDUCATIONAL ATTAINMENT ELASTICITY EMIGRATION EMIGRATION COUNTRIES EMPLOYMENT EQUILIBRIUM EXPECTED RETURN EXPECTED UTILITY FAMILIES FOREIGN WORKERS GDP GENERAL EQUILIBRIUM ANALYSIS GNP GNP PER CAPITA GROWTH RATE HUMAN CAPITAL IDEAS IMMIGRANTS IMMIGRATION IMMIGRATION POLICIES IMMIGRATION POLICY IMPACT OF MIGRATION INCOME LABOR FORCE LABOR MIGRATION LEARNING LITERATURE MALNUTRITION MANAGERS MEDIA MIGRANT MIGRANTS NEGATIVE EXTERNALITIES NUMBER OF MIGRANTS NURSES NURSING NUTRITION NUTRITIONAL STATUS OPPORTUNITY COST PARENTS PARTIAL EQUILIBRIUM ANALYSIS POSITIVE EXTERNALITIES PUBLIC SECTOR RANDOM WALK REGIONAL DIFFERENCES RISK AVERSION SKILLED LABOR SKILLED MIGRANTS SKILLED PEOPLE SKILLED WORKER SKILLED WORKERS SOCIETY SUB-SAHARAN AFRICA TAX REVENUES TAXATION TERTIARY EDUCATION UNEMPLOYMENT UNSKILLED LABOR UNSKILLED MIGRATION UNSKILLED WORKERS UTILITY FUNCTION WAGE GAP WAGES WORKER MIGRATION |
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ADVERSE EFFECTS AVERAGE MIGRATION BRAIN DRAIN BRAIN GAIN BRAIN WASTE BRAIN-DRAIN CAPITAL GAIN CENSUS DATA CONTEMPORANEOUS EXTERNALITIES COST OF MIGRATION COUNTRY OF ORIGIN DISPOSABLE INCOME DYNAMIC ANALYSIS EDUCATED PEOPLE EDUCATIONAL ATTAINMENT ELASTICITY EMIGRATION EMIGRATION COUNTRIES EMPLOYMENT EQUILIBRIUM EXPECTED RETURN EXPECTED UTILITY FAMILIES FOREIGN WORKERS GDP GENERAL EQUILIBRIUM ANALYSIS GNP GNP PER CAPITA GROWTH RATE HUMAN CAPITAL IDEAS IMMIGRANTS IMMIGRATION IMMIGRATION POLICIES IMMIGRATION POLICY IMPACT OF MIGRATION INCOME LABOR FORCE LABOR MIGRATION LEARNING LITERATURE MALNUTRITION MANAGERS MEDIA MIGRANT MIGRANTS NEGATIVE EXTERNALITIES NUMBER OF MIGRANTS NURSES NURSING NUTRITION NUTRITIONAL STATUS OPPORTUNITY COST PARENTS PARTIAL EQUILIBRIUM ANALYSIS POSITIVE EXTERNALITIES PUBLIC SECTOR RANDOM WALK REGIONAL DIFFERENCES RISK AVERSION SKILLED LABOR SKILLED MIGRANTS SKILLED PEOPLE SKILLED WORKER SKILLED WORKERS SOCIETY SUB-SAHARAN AFRICA TAX REVENUES TAXATION TERTIARY EDUCATION UNEMPLOYMENT UNSKILLED LABOR UNSKILLED MIGRATION UNSKILLED WORKERS UTILITY FUNCTION WAGE GAP WAGES WORKER MIGRATION ADVERSE EFFECTS AVERAGE MIGRATION BRAIN DRAIN BRAIN GAIN BRAIN WASTE BRAIN-DRAIN CAPITAL GAIN CENSUS DATA CONTEMPORANEOUS EXTERNALITIES COST OF MIGRATION COUNTRY OF ORIGIN DISPOSABLE INCOME DYNAMIC ANALYSIS EDUCATED PEOPLE EDUCATIONAL ATTAINMENT ELASTICITY EMIGRATION EMIGRATION COUNTRIES EMPLOYMENT EQUILIBRIUM EXPECTED RETURN EXPECTED UTILITY FAMILIES FOREIGN WORKERS GDP GENERAL EQUILIBRIUM ANALYSIS GNP GNP PER CAPITA GROWTH RATE HUMAN CAPITAL IDEAS IMMIGRANTS IMMIGRATION IMMIGRATION POLICIES IMMIGRATION POLICY IMPACT OF MIGRATION INCOME LABOR FORCE LABOR MIGRATION LEARNING LITERATURE MALNUTRITION MANAGERS MEDIA MIGRANT MIGRANTS NEGATIVE EXTERNALITIES NUMBER OF MIGRANTS NURSES NURSING NUTRITION NUTRITIONAL STATUS OPPORTUNITY COST PARENTS PARTIAL EQUILIBRIUM ANALYSIS POSITIVE EXTERNALITIES PUBLIC SECTOR RANDOM WALK REGIONAL DIFFERENCES RISK AVERSION SKILLED LABOR SKILLED MIGRANTS SKILLED PEOPLE SKILLED WORKER SKILLED WORKERS SOCIETY SUB-SAHARAN AFRICA TAX REVENUES TAXATION TERTIARY EDUCATION UNEMPLOYMENT UNSKILLED LABOR UNSKILLED MIGRATION UNSKILLED WORKERS UTILITY FUNCTION WAGE GAP WAGES WORKER MIGRATION Schiff, Maurice Brain Gain : Claims about its Size and Impact on Welfare and Growth Are Greatly Exaggerated |
| description |
Based on static partial equilibrium analysis, the "new brain drain" literature argues that, by raising the return to education, a brain drain generates a brain gain that is, under certain conditions, larger than the brain drain itself, and that such a net brain gain results in an increase in welfare and growth due to education's positive externalities. This paper argues that these claims are exaggerated. In the static case, and based on both partial and general equilibrium considerations, the paper shows that (1) the size of the brain gain is smaller than suggested in that literature; (2) the impact on welfare and growth is smaller as well (for any brain gain size); (3) a positive brain gain is likely to result in a smaller, possibly negative, human capital gain; (4) an increase in the stock of human capital may have a negative impact on welfare and growth; and (5) in a dynamic framework, the paper shows that the steady-state brain gain is equal to the brain drain so that a 'beneficial brain drain' cannot take place, and a net brain loss is likely during the transition. |
| topic_facet |
ADVERSE EFFECTS AVERAGE MIGRATION BRAIN DRAIN BRAIN GAIN BRAIN WASTE BRAIN-DRAIN CAPITAL GAIN CENSUS DATA CONTEMPORANEOUS EXTERNALITIES COST OF MIGRATION COUNTRY OF ORIGIN DISPOSABLE INCOME DYNAMIC ANALYSIS EDUCATED PEOPLE EDUCATIONAL ATTAINMENT ELASTICITY EMIGRATION EMIGRATION COUNTRIES EMPLOYMENT EQUILIBRIUM EXPECTED RETURN EXPECTED UTILITY FAMILIES FOREIGN WORKERS GDP GENERAL EQUILIBRIUM ANALYSIS GNP GNP PER CAPITA GROWTH RATE HUMAN CAPITAL IDEAS IMMIGRANTS IMMIGRATION IMMIGRATION POLICIES IMMIGRATION POLICY IMPACT OF MIGRATION INCOME LABOR FORCE LABOR MIGRATION LEARNING LITERATURE MALNUTRITION MANAGERS MEDIA MIGRANT MIGRANTS NEGATIVE EXTERNALITIES NUMBER OF MIGRANTS NURSES NURSING NUTRITION NUTRITIONAL STATUS OPPORTUNITY COST PARENTS PARTIAL EQUILIBRIUM ANALYSIS POSITIVE EXTERNALITIES PUBLIC SECTOR RANDOM WALK REGIONAL DIFFERENCES RISK AVERSION SKILLED LABOR SKILLED MIGRANTS SKILLED PEOPLE SKILLED WORKER SKILLED WORKERS SOCIETY SUB-SAHARAN AFRICA TAX REVENUES TAXATION TERTIARY EDUCATION UNEMPLOYMENT UNSKILLED LABOR UNSKILLED MIGRATION UNSKILLED WORKERS UTILITY FUNCTION WAGE GAP WAGES WORKER MIGRATION |
| author |
Schiff, Maurice |
| author_facet |
Schiff, Maurice |
| author_sort |
Schiff, Maurice |
| title |
Brain Gain : Claims about its Size and Impact on Welfare and Growth Are Greatly Exaggerated |
| title_short |
Brain Gain : Claims about its Size and Impact on Welfare and Growth Are Greatly Exaggerated |
| title_full |
Brain Gain : Claims about its Size and Impact on Welfare and Growth Are Greatly Exaggerated |
| title_fullStr |
Brain Gain : Claims about its Size and Impact on Welfare and Growth Are Greatly Exaggerated |
| title_full_unstemmed |
Brain Gain : Claims about its Size and Impact on Welfare and Growth Are Greatly Exaggerated |
| title_sort |
brain gain : claims about its size and impact on welfare and growth are greatly exaggerated |
| publisher |
World Bank, Washington, DC |
| publishDate |
2005-09 |
| url |
http://documents.worldbank.org/curated/en/2005/09/6265717/brain-gain-claims-size-impact-welfare-growth-greatly-exaggerated https://hdl.handle.net/10986/8289 |
| work_keys_str_mv |
AT schiffmaurice braingainclaimsaboutitssizeandimpactonwelfareandgrowtharegreatlyexaggerated |
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1809106275669114880 |