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The following set of graphs are the representations for each country, of the function
in three cases of productivity of Health education (the
estimated productivity for each country, gamma equals 0.1 and gamma equals 0.5).
In case of productivity of Health education of 0.5, the highest level of brain gain is
attained for levels of emigration which varies between 0.17 in Hungary to 0.45 in
Romania. Most of the countries obtain the maximum brain gain to a value of emigration
around 0.4. In Czech Republic and Lithuania (high risk adverse countries, alpha = 0.5)
the maximum level of brain gain decreases very fast with the decrease of the productivity
of Health education.
Table II.1.4.1: The emigration rate corresponding to the maximum value of brain gain
m*
Risk Aversion,
alfa = 0.33
m*
Risk Aversion,
alfa = 0.5
M*
Risk Aversion,
alfa = 0.75
Country
m*
Risk Neutrality
Bulgaria 0.63 0.2 0.4 0.55
Czech Republic 0.9 - 0.32 0.64
Hungary 0.5 - 0.12 0.36
Lithuania 0.82 0.02 0.35 0.62
Poland 0.85 0.07 0.39 0.65
Romania 0.75 0.19 0.43 0.61
Slovakia 0.71 0.05 0.34 0.56
Lower productivity of education (lower values of gamma) enhance lower levels of m**,
the emigration rate from which brain drain appears. For gamma equals to 0.5, the
emigration rate from which brain drain appears varies between 0.31 in Hungary to 0.85 in
Lithuania while for gamma equals to 0.1; it varies between 0.08 in Hungary to 0.67 in
Lithuania.
-./(!''()(,()!0!Net Domestic Human Capital and Emigration of physicians per country
! *""!