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International Knowledge Flows And Technological Advance: The Role Of International Migration, Kacey N. Douglas
International Knowledge Flows And Technological Advance: The Role Of International Migration, Kacey N. Douglas
College of Business: Dissertations, Theses, and Student Research
Immigration is a major aspect of globalization. As the world becomes increasingly integrated, it becomes important to learn more about the effects of immigration on global economic growth. According to Robert Solow’s long run growth model, technological advance is the only form of economic growth sustainable in the long run. Those who contribute to technological advance – highly skilled labor – however, increasingly emigrate from lesser developed to more developed countries in a process known as brain drain. This process has been shown to lead to a permanent increase in income and growth in the host country relative to the …