Resumen de �Brain drain�, aid and growth

José Luis Groizard Cardosa, Joan Llull

• This paper incorporates brain drain into the analysis of the effect of foreign aid on growth. While migration tends to grow, until now there were no reliable measures about the extent of the brain drain. We use a new dataset to test the hypothesis that the brain drain is detrimental for growth in a cross section of 112 sending economies. We find that aid policy is effective to reduce the mid-term growth impact of the human capital flight in sending economies.