International mobility of the highly skilled, endogenous R&D, and public infrastructure investment

Arbeitspapier

This paper theoretically and empirically analyzes the interaction of emigration of highly skilled labor, an economy's income gap to potential host economies of expatriates, and optimal public infrastructure investment. In a model with endogenous education and R&D investment decisions we show that international integration of the market for skilled labor aggravates between-country income inequality by harming those which are source economies to begin with while benefiting host economies. When brain drain increases in source economies, public infrastructure investment is optimally adjusted downward, whereas host economies increase it. Evidence from 77 countries well supports our theoretical hypotheses.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: IZA Discussion Papers ; No. 3366

Klassifikation und Themen

• Klassifikation: Wirtschaft ; International Migration
• Thema: Brain drain ; cross-country evidence ; educational choice ; public infrastructure investment ; R&D investment ; Brain Drain ; Infrastrukturinvestition ; Forschung ; Bildungsinvestition ; Endogener technischer Fortschritt ; Entwicklungskonvergenz ; Welt

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Grossmann, Volker ; Stadelmann, David
• Ereignis: Veröffentlichung
• (wer): Institute for the Study of Labor (IZA)
• (wo): Bonn
• (wann): 2008

Weitere Informationen

• Handle: http://hdl.handle.net/10419/35079
• Letzte Aktualisierung: 10.03.2025, 11:46 MEZ