01827nam a22003257u 4500 pwiiw4073 OSt 20260517120329.0 160805t2016 au ||||| |||| 00| ||eng d OSt eng F22 J24 O15 O40 jelc Landesmann, Michael Massive Migration and its Effect on Human Capital and Growth: The Case of Western Balkan and Central and Eastern European Countries Wien : Wiener Institut für Internationale Wirtschaftsvergleiche (wiiw), 2016. wiiw Balkan Observatory Working Papers 124 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.  migration brain drain brain gain economic growth human capital CEE Western Balkans Labour, Migration and Income Distribution Mara, Isilda 124 WIIW0000140 wiiw Balkan Observatory Working Papers https://wiiw.ac.at/p-4073.html P z 8762 8762 0 0 0 0 BIB BIB 1 2016-08-05 pwiiw4073 0 124 1000010004073 2016-08-05 00:00:00 2019-02-05 P