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GTAP Resources: Resource Display

GTAP Resource #3924

"The Global Welfare and Poverty Effects of Rich Nation Immigration Barriers"
by Bradford, Scott


Abstract
Most rich nations maintain very tight restrictions on immigration despite
widespread opening of trade and international capital flows since World War II. This
paper uses a two-region, one-sector, dynastic growth model with a continuum of skills to assess the welfare effects and poverty implications of these barriers. Such a
dynamic model allows me to take account of international capital flows, as well as
domestic investment, which I believe have important interactions with international
migration. Similar to other global studies of migration, I find that rich nation migration
barriers impose huge losses on the global economy. This paper also estimates, for the
first time to my knowledge, the global poverty implications of those barriers and finds
that freeing migration into rich nations would reduce global poverty by at least 40%
and as much as 66%. This corroborates the conclusions drawn by others that opening
rich nations to freer migration may do more to reduce poverty around the world than
any other policy.


Resource Details (Export Citation) GTAP Keywords
Category: 2012 Conference Paper
Status: Published
By/In: Presented at the 15th Annual Conference on Global Economic Analysis, Geneva, Switzerland
Date: 2012
Version:
Created: Bradford, S. (4/30/2012)
Updated: Bradford, S. (4/30/2012)
Visits: 1,735
- Domestic policy analysis
- Economic growth
- Economic development
- Economic analysis of poverty
- Labor market issues
- Technological change


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  File format Migration, Global Welfare, and Poverty  (143.0 KB)   Replicated: 0 time(s)


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