Growth and Welfare Effects of World Migration
نویسندگان
چکیده
Using a two-bloc endogenous growth model calibrated to two generic sending and receiving countries of equal size, we assess the growth and welfare impact of world migration flows of different skill compositions. The sending country (East) has a lower total factor productivity and a lower endowment of skilled labour. Migration can induce two growth-enhancing effects: an efficiency effect from the more efficient use of labour in the receiving country (West) and a sectoral reallocation effect from a fall in the host country skilled-unskilled wage rates. Despite growth gains there are both winners (migrants, the representative Western non-migrant household) and losers (the representative Eastern household remaining). Remittances can see the latter group joining the winners. JEL Classification: F22, F43, O41
منابع مشابه
Globalization and Structural Changes of the International Labor Force and immigration Effective Factors
Alternative theoretical perspectives have been presented to explain internationally effective factors affecting immigration. For example, the orthodox explanation of migration is based on the concept of wage differentials as an important factor of international immigration. The world system approach declines to interpret theoretically international migration as a phenomenon between independent ...
متن کاملAnalysis of Electricity Generation’s Externalities on Sectorial Output Growth and Welfare in Iran
Environmental problems are one of the most challenging issues for the entire world and each country. In economic studies, environmental issues are analyzed as negative externalities. In this article, the negative externalities of electricity production on the output growth of different sectors and household’s welfare in Iran’s economy have been studied through price system using Computable Gene...
متن کاملThe Growth and Welfare Effects of International Mass Migration*
We analyse the effects of immigration quotas on growth and discounted welfare in a North-South version of the quality ladders growth model. Immigration quotas in the North increase the growth rate of utility for all consumers. However, they lower the static utility level and discounted welfare of Northern workers. Also the discounted welfare of asset owners drops. Hence, unlike in the static mi...
متن کاملOil Price Shocks and Russia’s Economic Growth: The Impacts and Policies for Overcoming Them
Considering Russia’s rich and vast oil resources, this country is one of the world’s greatest producers and exporters of this nonrenewable energy resource, and like other petrostates, receives a major part of its national income in this way. The dependence of Russia’s budget on oil has raised the significance of world oil price fluctuations for this country. Since 1970s, the global oil market h...
متن کاملAttitude toward migrate abroad in Iranian medical community: a qualitative study
Intellectual and human capital is one of the main foundations of the countries' growth and development, and the lack of such capital makes development process difficult. The migration of specialists and scientists and its trend as elite migration, especially the migration of physicians, is one of the problems that has plagued the scientific management policy of many countries around the worl...
متن کامل