The economics of the brain drain with an application to Australian states

Petrie, Dennis J. (Dennis James) (2003). The economics of the brain drain with an application to Australian states Honours Thesis, School of Economics, The University of Queensland.

       
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Author Petrie, Dennis J. (Dennis James)
Thesis Title The economics of the brain drain with an application to Australian states
School, Centre or Institute School of Economics
Institution The University of Queensland
Publication date 2003
Thesis type Honours Thesis
Total pages 70
Language eng
Subjects 14 Economics
Formatted abstract
Brain Drain is the movement of highly skilled professionals from their native region to other regions with more promising job opportunities. It has been shown in many empirical studies that the highly skilled have a larger propensity to migrate. This thesis outlines a theoretical model with diminishing returns to skilled and unskilled labour, where unskilled labour is immobile and show how migration of the skilled can cause a lack of convergence of income per capita. This thesis empirically analyses convergence among the Australian states using a closed neoclassical model and finds that there is no evidence of convergence. It also finds that interstate and international migration into each state may be a driving force for divergence. Therefore it concludes that there is sufficient evidence to warrant further research and data collection for analysing the affects of human capital flow.

Document type: Thesis
Collection: UQ Theses (non-RHD) - UQ staff and students only
 
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Created: Thu, 18 Nov 2010, 17:19:35 EST by Muhammad Noman Ali on behalf of The University of Queensland Library