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This study uses a unique natural experiment to test a simple model of international differences in workers’ wages and productivity. Large differences in wages across countries could arise from several sources. These include barriers to trade in outputs, differences in technology, differences...
Persistent link: https://www.econbiz.de/10008466393
The nineties has been a period of increasing migratory flows from less developed countries to industrialized nations. It is instructive to compare the two largest economies in the world, the European Union and the United States, in terms of the magnitude, trends and composition of their...
Persistent link: https://www.econbiz.de/10008620444
The impact of migration and worker remittances on literacy, accumulation of capital and growth is analyzed for a panel … of countries with per capita income below $1200 (2000). We estimate regressions for dynamic equations of migration … economy aspects aid, trade, capital movements and migration. The linear-quadratic impact of the income difference between rich …
Persistent link: https://www.econbiz.de/10010712157
We estimate the impact of worker remittances on savings, taxes, and public expenditures on education, all as a share of GDP, for about 30 years in two samples of countries with per capita income above and below $1200 using dynamic panel data methods. Remittances increase the savings ratio in...
Persistent link: https://www.econbiz.de/10010712191
, migration, tax revenues, public expenditure on education and literacy. We estimate dynamic equations of all these variables …
Persistent link: https://www.econbiz.de/10010712247
The most basic economic theory suggests that rising incomes in developing countries will deter emigration from those countries, an idea that captivates policymakers in international aid and trade diplomacy. A lengthy literature and recent data suggest something quite different: that over the...
Persistent link: https://www.econbiz.de/10010959810
In this paper we develop a neoclassical growth model that aggregates different types of labor skills from strict complementarity to perfect substitution. After having derived general balanced growth conditions and developed explicit growth paths for capital and aggregate labor force, the model...
Persistent link: https://www.econbiz.de/10005227283
New Zealand immigration policy settings are based on the assumption that the macroeconomic impacts of immigration may be significantly positive, with at worst small negative effects. However, both large positive and large negative effects are possible. Reviewing the literature, the balance of...
Persistent link: https://www.econbiz.de/10010757204
This paper quantitatively assesses the interaction between permanent immigration into France and France's macroeconomic performance as seen through its GDP per capita and its unemployment rate. It takes advantage of a new database where immigration is measured by the flow of newly- issued...
Persistent link: https://www.econbiz.de/10011212149
This study investigates whether net inbound migration and per capita income growth of a municipality is affected when a … spatial paneldata models of income per capita growth and net migration rates using annual data from all Swedish municipalities …
Persistent link: https://www.econbiz.de/10010818624