L'économie de la fuite des cerveaux prise à contre-pied

Oded Stark

doi:10.3917/edd.172.0137

L'économie de la fuite des cerveaux prise à contre-pied

Translated title of the contribution: The economics of the brain drain turned on its head

Oded Stark^*

^*Corresponding author for this work

Université de Vienne

Research output: Contribution to journal › Article › peer-review

1 Scopus citations

Abstract

When productivity is fostered by both the individual's human capital and by the average level of human capital in the economy, individuals under-invest in human capital. A strictly positive probability of migration to a richer country, by raising both the level of human capital formed by optimizing individuals in the home country and the average level of human capital of non-migrants in the country, can enhance welfare and nudge the economy toward the social optimum. Under a well-controlled restrictive migration policy the welfare of all workers is higher than in the absence of this policy.

Translated title of the contribution	The economics of the brain drain turned on its head
Original language	French
Pages (from-to)	137-150
Number of pages	14
Journal	Revue d'Economie du Developpement
Volume	17
Issue number	2-3
DOIs	https://doi.org/10.3917/edd.172.0137
State	Published - 2003
Externally published	Yes

Funding

Funders
School of Economics and Finance at the University of Hong Kong
Sohmen Foundation
Alexander von Humboldt-Stiftung

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 1 No Poverty
SDG 8 Decent Work and Economic Growth
SDG 10 Reduced Inequalities

Access to Document

10.3917/edd.172.0137

Cite this

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title = "L'{\'e}conomie de la fuite des cerveaux prise {\`a} contre-pied",

abstract = "When productivity is fostered by both the individual's human capital and by the average level of human capital in the economy, individuals under-invest in human capital. A strictly positive probability of migration to a richer country, by raising both the level of human capital formed by optimizing individuals in the home country and the average level of human capital of non-migrants in the country, can enhance welfare and nudge the economy toward the social optimum. Under a well-controlled restrictive migration policy the welfare of all workers is higher than in the absence of this policy.",

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note = "Funding Information: This paper is the text of the Tjalling Koopmans Distinguished Lecture delivered by the author at the International Institute for Advanced Systems Analysis (IIASA) in March 2003. The paper draws on University of Bonn, Center for Development Research, Discussion Papers on Development Policy, Paper No. 11 (1999), and on Institute for Advanced Studies, Vienna, Economics Series, Paper No. 100 (2001). Partial financial support from the Humboldt Foundation, the Sohmen Foundation, and the School of Economics and Finance at the University of Hong Kong is gratefully acknowledged. ",

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L'économie de la fuite des cerveaux prise à contre-pied

Abstract

Funding

UN SDGs

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