TY  - BOOK
AU  - Landesmann,Michael
AU  - Mara,Isilda
TI  - Massive Migration and its Effect on Human Capital and Growth: The Case of Western Balkan and Central and Eastern European Countries
T2  - wiiw Balkan Observatory Working Papers
PY  - 2016///
CY  - Wien
PB  - Wiener Institut für Internationale Wirtschaftsvergleiche (wiiw)
KW  - migration
KW  - brain drain
KW  - brain gain
KW  - economic growth
KW  - human capital
KW  - CEE
KW  - Western Balkans
N2  - 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. 

UR  - https://wiiw.ac.at/p-4073.html
ER  -