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Inputs from the New Economics of Migration of Medical Doctors in Eastern and Central Europe
Abstract
This is a contribution to the new economics of skilled labor emigration that focuses on the mobility of physicians inside European Union from ECE countries. Economic models under risk neutrality and aversion are used. The findings show that the education could change significantly the results on the emigration benefices. Comparisons of theoretical and observed relative human capital per country averages are conducted and ensured the statistical validity of the model used. The empirical results based on the available data on emigration by Docquier and Marfouk (2008) but also by Bhargava, Docquier, and Moullan (2010) allowed further use of the model to understand the current trends in the emigration of physicians and the border between brain gain and brain drain. The countries included in the study all exhibited brain gain between 1991-2004. Each country is encouraged to anticipate the likely effects of this emigration on the economy with the increase of health demand, the domestic wages, and the increase in education capacity for medical doctors.
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