Artikel

Immigration to Korea: A Fiscal Boon or Burden?

This paper intends to examine the extent of the fiscal contribution of immigrants to Korea. According to this analysis, the aim is to derive implications pertaining to the direction of Korea’s immigration policy as a response to fiscal problems caused by population aging. For this purpose, a macroeconomic model is designed to measure the lifetime net fiscal contribution of immigrants in Korea by visa type, age, and other characteristics. According to this analysis, the sum of the lifetime fiscal contribution for all immigrants in Korea is negative. This implies that immigration policy reforms that increase the inflow size while maintaining the current structure of the foreign population characteristics can rather worsen Korea’s fiscal problems. This finding suggests that immigration policy reform may exacerbate Korea’s fiscal soundness if it simply targets the maintenance of the numerical balance of the demographic structure.

Sprache
Englisch

Erschienen in
Journal: KDI Journal of Economic Policy ; ISSN: 2586-4130 ; Volume: 42 ; Year: 2020 ; Issue: 4 ; Pages: 27-58 ; Sejong: Korea Development Institute (KDI)

Klassifikation
Wirtschaft
Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook: General
National Government Expenditures and Related Policies: General
Geographic Labor Mobility; Immigrant Workers
Thema
Immigration
Fiscal Sustainability
Population Aging

Ereignis
Geistige Schöpfung
(wer)
Hur, Jinwook
Ereignis
Veröffentlichung
(wer)
Korea Development Institute (KDI)
(wo)
Sejong
(wann)
2020

DOI
doi:10.23895/kdijep.2020.42.4.27
Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

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Objekttyp

  • Artikel

Beteiligte

  • Hur, Jinwook
  • Korea Development Institute (KDI)

Entstanden

  • 2020

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