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      The economic consequences of ‘Brain Drain’ of the best and brightest: Microeconomic evidence from five countries

      Gibson, John; McKenzie, David
      DOI
       10.1111/j.1468-0297.2012.02498.x
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      Gibson, J., & McKenzie, D. (2012). The economic consequences of ‘Brain Drain’ of the best and brightest: Microeconomic evidence from five countries. The Economic Journal, 122(560), 339-375.
      Permanent Research Commons link: https://hdl.handle.net/10289/7645
      Abstract
      This article presents results of innovative surveys that tracked academic high achievers from five countries to wherever they moved in the world to directly measure at the micro level the channels through which high-skilled emigration affects sending countries. There are high levels of emigration and of return and the income gains to the best and brightest from migrating are an order of magnitude greater than any other effect. Most high-skilled migrants from poorer countries remit but involvement in trade and foreign direct investment is rare. Fiscal costs vary widely but are much less than the benefits to the migrants themselves.
      Date
      2012
      Type
      Journal Article
      Publisher
      Wiley-Blackwell
      Collections
      • Management Papers [1134]
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