The effect of effective variables on governance on brain drain in developing countries

Document Type : RESEARCH PAPER

Authors

1 Department of Economics, Faculty of Economics and Management, Lorestan University, Khorramabad, Iran

2 Professor of Economics, Faculty of Economics, Management and Administrative Sciences, Semnan University, Semnan, Iran.

3 Assistant Professor of Economics, Faculty of Humanities, Ayatollah Boroujerdi University, Boroujerd, Iran.

Abstract

Despite the importance of specialized manpower in leading a country's economy, statistics show the departure of a large number of thinkers in various fields of science who for some reason prefer to stay in developed countries to stay in their own country. In fact, brain drain represents the flow of human capital in which skills are transferred. The econometric method used is the generalized method of moment (GMM). In this study, developing countries have been selected as emmigrant countries and the United States as an immigrant country, and immigration statistics by nationality have been obtained from the International Organization for Migration (OECD. Stat) during the years 2002-2018. The first lag of brain drain, government effectiveness and freedom of expression have a positive effect on brain drain from developing countries to the U.S and the rule of law, corruption control and the quality of law have a negative effect on brain drain and elite migration. considering the impact of the rule of law, control of corruption and the quality of laws on reducing elite immigration, the necessary institutional reforms to improve property rights, contractualization, social security, competition, transparency and quality of law in the field of economic activities is suggested. Therefore, countries should prepare comprehensive programs to create a dynamic and active environment for human resources and provide the ground for creativity and innovation for the elites to prevent them from leaving their country.

Keywords

References

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Stable Economy Journal
Volume 2, Issue 3 - Serial Number 4
September 2021
Pages 60-85

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