Brain Drain in Pakistan

Abstract

This study investigating the factors that contribute to brain drain in the Islamic Republic of Pakistan. From 1997 through 2022, yearly time series data were used in the research. The current study used several econometric methodologies as descriptive statistics, Variance inflation Factor, Serial Correlation LM Test, The Breusch-Pagan-Godfrey Test and Ordinary Least Square (OLS) to get the results. OLS results show that MIG and REM have positive and significant impact on Pakistan’ s GDP. But the TER, INF and UN have negative impact on Pakistan’s economy. Furthermore, GFCF has no effect on the economy of Pakistan. The current study suggests that unfortunately, the lack of prospects for career advancement in Pakistan has led to a major increase in brain drain during the past several years. Additionally, our economy does not have enough room to handle the enormous number of talented workers that join the labor market each year.