| Abstract: |
Since the late 1970s and, above all, since 1990, a sizable contingent of
Spanish economists coming back home after attending graduate school abroad,
mostly in the U.S. and the UK, managed to introduce drastic changes in
governance in a number of economics departments and research centers,
including meritocratic hiring and promotion practices. These initiatives were
also favored by the availability of resources to finance certain research
needs, including the organization of international Ph.D. programs. Using a
dataset of 3,540 economists working in 2007 in 125 academic centers in 22
countries, this paper presents some evidence on the role of this institutional
revolution on the patterns of brain gain, brain drain, and net gain in Spain
and other countries. Conditional on some personal, department, and country
characteristics, the net marginal effect of a given country is defined as the
difference between the marginal effect of working in 2007 in that country on
the probability of brain gain and the marginal effect of being born in that
country on the probability of brain drain. The main result is that the net
marginal effect of Spain is greater than the net marginal effect of comparable
large, continental European countries, i.e. Germany, France, and Italy, where
economists have similar opportunities of publishing their research in English,
the lingua franca of science, or in their own languages. On the other hand,
the average estimated probability of net gain in Spain is only below that of
the U.S., but it is greater than the average probability of net gain in
Germany, France or Italy. |