Migration and dynamics: How a leakage of human capital lubricates the engine of economic growth

Arbeitspapier

This paper studies the growth dynamics of a developing country under migration. Assuming that human capital formation is subject to a strong enough, positive intertemporal externality, the prospect of migration will increase growth in the home country in the long run. If the external effect is less strong, there exists at least a level effect on the stock of human capital in the home country. In either case, the home country experiences a welfare gain, provided that migration is sufficiently restrictive. These results, obtained in a dynamic general equilibrium setting, extend and strengthen the results of Stark and Wang (2002) obtained in the context of a static model.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: ZEF Discussion Papers on Development Policy ; No. 181

Klassifikation und Themen

• Klassifikation: Wirtschaft ; International Migration ; Welfare, Well-Being, and Poverty: General ; Human Capital; Skills; Occupational Choice; Labor Productivity ; Geographic Labor Mobility; Immigrant Workers ; Economic Development: Human Resources; Human Development; Income Distribution; Migration ; Economic Growth and Aggregate Productivity: General
• Thema: Overlapping-generations growth model ; Intertemporal human capital externalities ; Long-run growth effect of the prospect of migration ; Social welfare gains

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Sorger, Gerhard ; Stark, Oded ; Wang, Yong
• Ereignis: Veröffentlichung
• (wer): University of Bonn, Center for Development Research (ZEF)
• (wo): Bonn
• (wann): 2013

Weitere Informationen

• DOI: doi:10.22004/ag.econ.155027
• Handle: http://hdl.handle.net/10419/84807
• Letzte Aktualisierung: 10.03.2025, 11:43 MEZ