International migration and economic growth: A source country perspective
Journal
Journal of Population Economics
Journal Volume
19
Journal Issue
4
Pages
725-748
Date Issued
2006
Author(s)
Abstract
This study analyzes the impact of international migration on economic growth of a source country in a stochastic setting. The model accounts for endogenous fertility decisions and distinguishes between public and private schooling systems. We find that economic growth crucially depends on the international migration since the migration possibility will affect fertility decisions and school expenditures. Relaxation of restrictions on the emigration of high-skilled workers will damage the economic growth of a source country in the long run, although a 'brain gain' may happen in the short run. Furthermore, the growth rate of a source country under a private education regime will be more sensitive to the probability of migration than a country under a public education regime. © Springer-Verlag 2006.
Subjects
Brain drain; Economic growth; Migration
Type
journal article