000 01827nam a22003257u 4500
001 pwiiw4073
003 OSt
005 20260517120329.0
008 160805t2016 au ||||| |||| 00| ||eng d
040 _cOSt
041 _aeng
084 _aF22
_aJ24
_aO15
_aO40
_2jelc
100 1 _aLandesmann, Michael
245 1 0 _aMassive Migration and its Effect on Human Capital and Growth: The Case of Western Balkan and Central and Eastern European Countries
260 _aWien :
_bWiener Institut für Internationale Wirtschaftsvergleiche (wiiw),
_c2016.
490 1 _awiiw Balkan Observatory Working Papers
_v124
520 _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. 
650 _amigration
650 _abrain drain
650 _abrain gain
650 _aeconomic growth
650 _ahuman capital
651 _aCEE
651 _aWestern Balkans
690 _aLabour, Migration and Income Distribution
700 1 _aMara, Isilda
830 0 _v124
_wWIIW0000140
_twiiw Balkan Observatory Working Papers
856 4 0 _uhttps://wiiw.ac.at/p-4073.html
942 _cP
_2z
999 _c8762
_d8762