Private returns to education, migration and development policies: the case of Zimbabwe

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Periodical article

Title:	Private returns to education, migration and development policies: the case of Zimbabwe
Authors:	Kwenda, Prudence Ntuli, Miracle
Year:	2014
Periodical:	African Development Review (ISSN 1467-8268)
Volume:	26
Issue:	4
Pages:	535-548
Language:	English
Geographic term:	Zimbabwe
Subjects:	brain drain emigration economic policy
External link:	https://doi.org/10.1111/1467-8268.12110
Abstract:	Zimbabwe experienced a severe brain drain during the 1998-2008 economic crisis. This paper attempts to explain this phenomenon by examining changes that occurred in the labour market. Using data drawn from the Poverty Assessment Study Surveys and a three-step procedure to correct for sample selection, the authors estimate private returns to education before (1995) and during (2003) the crisis. Results indicate that private returns to education significantly declined across all levels with the highest decline occurring among workers with tertiary education. This suggests that part of the human capital flight was due to dysfunctional labour markets. Hence, comprehensive skill-incentivized labour-market policies are essential to attract and retain skilled workers. App., bibliogr., notes, ref., sum. [Journal abstract]