Elise S. Brezis


Professor of Economics


Curriculum vitae



Head, Forum Macro of Israel


Department of Economics


Bar-Ilan University, Israel



Brain drain and development traps


Journal article


Jean-Pascal Bénassy, Elise S. Brezis
Journal of Development Economics, vol. 102, Elsevier, 2013 May, pp. 15-22


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APA
Bénassy, J.-P., & Brezis, E. S. (2013). Brain drain and development traps. Journal of Development Economics, 102, 15–22.

Chicago/Turabian
Bénassy, Jean-Pascal, and Elise S. Brezis. “Brain Drain and Development Traps.” Journal of Development Economics 102 (May 2013): 15–22.

MLA
Bénassy, Jean-Pascal, and Elise S. Brezis. “Brain Drain and Development Traps.” Journal of Development Economics, vol. 102, Elsevier, May 2013, pp. 15–22.


Abstract

This paper links the two fields of “development traps” and “brain drain”. We construct a model which integrates endogenous international migration into a simple growth model. As a result the dynamics of the economy can feature some underdevelopment traps: an economy starting with a low level of human capital can be caught in a vicious circle where low level of human capital leads to low wages, and low wages leads to emigration of valuable human capital. We also show that our model displays a rich array of different dynamic regimes, including the above traps, but other regimes as well, and we link explicitly the nature of the regimes to technology and policy parameters.

Keywords: brain drain, development traps, human capital, migration