The microeconomic determinants of emigration and return migration of the best and brightest: Evidence from the Pacific
A unique survey which tracks worldwide the best and brightest academic performers from three Pacific countries is used to assess the extent of emigration and return migration among the very highly skilled, and to analyze, at the microeconomic level, the determinants of these migration choices. Altho...
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| Veröffentlicht in: | Journal of development economics 2011-05, Vol.95 (1), p.18-29 |
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| container_title | Journal of development economics |
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| creator | Gibson, John McKenzie, David |
| description | A unique survey which tracks worldwide the best and brightest academic performers from three Pacific countries is used to assess the extent of emigration and return migration among the very highly skilled, and to analyze, at the microeconomic level, the determinants of these migration choices. Although we estimate that the income gains from migration are very large, not everyone migrates and many return. Within this group of highly skilled individuals the emigration decision is found to be most strongly associated with preference variables such as risk aversion and patience, and choice of subjects in secondary school, and not strongly linked to either liquidity constraints or to the gain in income to be had from migrating. Likewise, the decision to return is strongly linked to family and lifestyle reasons, rather than to the income opportunities in different countries. Overall the data suggest a relatively limited role for income maximization in distinguishing migration propensities among the very highly skilled, and a need to pay more attention to other components of the utility maximization decision. |
| doi_str_mv | 10.1016/j.jdeveco.2009.11.002 |
| format | Article |
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| subjects | Academic achievement Brain drain Brain drain Brain gain Highly skilled migration Return migration Selectivity Brain gain Decision making Economic Development: Human Resources Economic models Emigration Highly skilled migration Human Capital Human Development Income Income Distribution Income measurement International Migration F220 Labor Productivity J240 Labour migration Life styles Migration Migration O150 Occupational Choice Pacific Region Return migration Selectivity Skilled workers Skills Studies |
| title | The microeconomic determinants of emigration and return migration of the best and brightest: Evidence from the Pacific |
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