01722nam a22002897u 4500001001000000003000400010005001700014008004100031040000800072041000800080084002900088100002400117245013600141260008600277490004800363520079700411650001401208650001601222650001501238650002001253650001801273651000801291651002001299700001701319830006101336856003501397pwiiw4073OSt20260516120107.0160805t2016 au ||||| |||| 00| ||eng d cOSt aeng aF22aJ24aO15aO402jelc1 aLandesmann, Michael10aMassive Migration and its Effect on Human Capital and Growth: The Case of Western Balkan and Central and Eastern European Countries aWien :bWiener Institut für Internationale Wirtschaftsvergleiche (wiiw),c2016.1 awiiw Balkan Observatory Working Papersv124 aAbstract 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.   amigration abrain drain abrain gain aeconomic growth ahuman capital aCEE aWestern Balkans1 aMara, Isilda 0v124wWIIW0000140twiiw Balkan Observatory Working Papers40uhttps://wiiw.ac.at/p-4073.html