Brain drain and institutions of governance: Educational attainment of immigrants to the US 1988–1998 |
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Authors: | James T Bang Aniruddha Mitra |
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Institution: | aDepartment of Economics, Virginia Military Institute, 342 Scott Shipp Hall, Lexington, VA 24450, United States;bDepartment of Economics, Middlebury College, Warner Hall 502B, Middlebury, VT 05753, United States |
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Abstract: | We investigate the impact of home country institutions on the skill level of immigrants to the United States over 1988–1998. Specifically, we explore the hypothesis that institutions are multidimensional and that the different dimensions have conflicting impacts on the migration of skilled labor. Using an exploratory factor analysis on fifteen institutional variables, we identify the following dimensions of institutional character: credibility, transparency, democracy, and the security of civil society. We find that credibility and transparency increase the magnitude of brain drain, security reduces it, and democracy has no significant impact. |
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Keywords: | JEL classification: F22 J24 J61 J64 |
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