Massive Migration and its Effect on Human Capital and Growth: The Case of Western Balkan and Central and Eastern European Countries
By: Landesmann, Michael.
Contributor(s): Mara, Isilda.
Material type:
BookSeries: wiiw Balkan Observatory Working Papers: 124Publisher: Wien : Wiener Institut für Internationale Wirtschaftsvergleiche (wiiw), 2016Subject(s): migration | brain drain | brain gain | economic growth | human capitalCountries covered: CEE | Western Balkanswiiw Research Areas: Labour, Migration and Income DistributionClassification: F22 | J24 | O15 | O40 Online resources: Click here to access online Summary: Abstract
We analyse the effect of massive migration particularly from the Western Balkans and the Central and Eastern European countries on human capital and growth. In our analysis, we use a system of three equations to estimate simultaneously the effect of migration on human capital and on growth. An important driver of migration is chain migration, as well as the unemployment and income differentials between developing and developed countries. Overall, our findings suggest that migration of highly skilled from the Western Balkan and Central Eastern European countries has been beneficial to economic growth and income convergence of these countries. Our analysis supports the positive impact of low-skilled migration on the composition of human capital in the source countries.
| Cover image | Item type | Current library | Home library | Collection | Shelving location | Call number | Materials specified | Vol info | URL | Copy number | Status | Notes | Date due | Barcode | Item holds | Item hold queue priority | Course reserves | |
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| Paper | WIIW Library | 124 (Browse shelf(Opens below)) | Available | 1000010004073 |
Abstract
We analyse the effect of massive migration particularly from the Western Balkans and the Central and Eastern European countries on human capital and growth. In our analysis, we use a system of three equations to estimate simultaneously the effect of migration on human capital and on growth. An important driver of migration is chain migration, as well as the unemployment and income differentials between developing and developed countries. Overall, our findings suggest that migration of highly skilled from the Western Balkan and Central Eastern European countries has been beneficial to economic growth and income convergence of these countries. Our analysis supports the positive impact of low-skilled migration on the composition of human capital in the source countries.
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