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Econometric analysis of the decision to migrate
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aggregate analysis annual assumed assumption average Bellagio beneﬁt Bhagwati Bhagwati—Hamada brain drain Canada capita income capital ﬂows capital-labor ratio census Colombia cost of education country of origin deﬁned deﬁnitely Dellalfar dependent variable destination developing countries differential doctors earnings econometric economic educated labour educational costs effect elasticity emigration equation estimates expected wage expulsion factor rewards ﬁg ﬁgures ﬁrst ﬁve ﬁxed function gains gross immigration gross inﬂow Hamada human capital ratio implies increase international migration Jagdish BHAGWATI labor certiﬁcation labor force LDC professionals loss manpower marginal product migration ﬂows migration tax modern sector nonreturn occupations optimal tax outﬂow paper percent persons population Psacharopoulos PTK immigration qualiﬁed rate of return reduced reﬂect revenue Sahota scientists signiﬁcant speciﬁc statistics steady-state studies taba tax rate tion traditional sector U.S. dollars U.S. immigration U.S. South UNCTAD unemployment United unskilled Venezuela wage rate welfare