Catch-up Growth Based on International Talent Mobility in an Idea-Based World

We show how catch-up growth can result when immigrant ties of talented people to their home countries facilitate technology diffusion from world technological leaders to developing countries. The aspect of immigrant link we focus on is knowledge spillover through various programs of international ex...

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Main Authors: QUAN, Yu, HOON, Hian Teck
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2003
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Online Access:https://ink.library.smu.edu.sg/soe_research/772
https://ink.library.smu.edu.sg/context/soe_research/article/1771/viewcontent/Quan_Hoon_Talentmobility_D7.pdf
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spelling sg-smu-ink.soe_research-17712019-05-20T00:31:33Z Catch-up Growth Based on International Talent Mobility in an Idea-Based World QUAN, Yu HOON, Hian Teck We show how catch-up growth can result when immigrant ties of talented people to their home countries facilitate technology diffusion from world technological leaders to developing countries. The aspect of immigrant link we focus on is knowledge spillover through various programs of international exchange to draw upon the expertise of the individuals who have migrated—a type of externality effect on the home country. In our model, we distinguish between public technology and private technology, both of which differ across countries. The size of the talent pool in each country determines the number of skilled workers and indigenous technology levels. The consequent gap in talent wage results in a flow of talent from South to North. We show, however, that when the externality effect is sufficiently strong, there is a phase of growth during which a reverse brain drain naturally occurs. Our model’s prediction is consistent with the experience of Taiwan, which saw a reverse flow of talented people during the 1970s onwards after losing them in the 1950s and 1960s. 2003-05-01T07:00:00Z text application/pdf https://ink.library.smu.edu.sg/soe_research/772 https://ink.library.smu.edu.sg/context/soe_research/article/1771/viewcontent/Quan_Hoon_Talentmobility_D7.pdf http://creativecommons.org/licenses/by-nc-nd/4.0/ Research Collection School Of Economics eng Institutional Knowledge at Singapore Management University catch up talent mobility knowledge spillover Growth and Development Labor Economics
institution Singapore Management University
building SMU Libraries
continent Asia
country Singapore
Singapore
content_provider SMU Libraries
collection InK@SMU
language English
topic catch up
talent mobility
knowledge spillover
Growth and Development
Labor Economics
spellingShingle catch up
talent mobility
knowledge spillover
Growth and Development
Labor Economics
QUAN, Yu
HOON, Hian Teck
Catch-up Growth Based on International Talent Mobility in an Idea-Based World
description We show how catch-up growth can result when immigrant ties of talented people to their home countries facilitate technology diffusion from world technological leaders to developing countries. The aspect of immigrant link we focus on is knowledge spillover through various programs of international exchange to draw upon the expertise of the individuals who have migrated—a type of externality effect on the home country. In our model, we distinguish between public technology and private technology, both of which differ across countries. The size of the talent pool in each country determines the number of skilled workers and indigenous technology levels. The consequent gap in talent wage results in a flow of talent from South to North. We show, however, that when the externality effect is sufficiently strong, there is a phase of growth during which a reverse brain drain naturally occurs. Our model’s prediction is consistent with the experience of Taiwan, which saw a reverse flow of talented people during the 1970s onwards after losing them in the 1950s and 1960s.
format text
author QUAN, Yu
HOON, Hian Teck
author_facet QUAN, Yu
HOON, Hian Teck
author_sort QUAN, Yu
title Catch-up Growth Based on International Talent Mobility in an Idea-Based World
title_short Catch-up Growth Based on International Talent Mobility in an Idea-Based World
title_full Catch-up Growth Based on International Talent Mobility in an Idea-Based World
title_fullStr Catch-up Growth Based on International Talent Mobility in an Idea-Based World
title_full_unstemmed Catch-up Growth Based on International Talent Mobility in an Idea-Based World
title_sort catch-up growth based on international talent mobility in an idea-based world
publisher Institutional Knowledge at Singapore Management University
publishDate 2003
url https://ink.library.smu.edu.sg/soe_research/772
https://ink.library.smu.edu.sg/context/soe_research/article/1771/viewcontent/Quan_Hoon_Talentmobility_D7.pdf
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