A Political Economy and Voicing Model of the Institutional Impact of Brain Drain, Human Capital, Inequality and Country Size

Brain drain BD, human capital h, and inequality's institutional impact is examined in a model where rent-seeking elite taxes residents voicing affects the likelihood of regime change. We find that BD h's on quality (Q) are as follows: i) Q U-shaped function with maximum (minimum) at = 0 (0 ) BD1, maximized 0; vi) increases high (low) country under host country's immigration promotion (restriction); vii) institutions improve (worsen) large (small) reduction BD; viii) latter particularly relevant for small micro states likely to be greater than but otherwise similar countries.