Immigration, Human Capital Formation and Endogenous Economic Growth

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (933 download)

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Book Synopsis Immigration, Human Capital Formation and Endogenous Economic Growth by :

Download or read book Immigration, Human Capital Formation and Endogenous Economic Growth written by and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Census data from international sources covering 77% of the world's migrant population indicate that the skill composition of migrants in major destination countries, including the US, has been rising over the last 4 decades. Moreover, the population share of skilled migrants has been approaching or exceeding that of skilled natives. We offer theoretical propositions and empirical tests consistent with these trends via a general-equilibrium model of endogenous growth where human capital, population, income growth and distribution, and migration trends are endogenous. We derive new insights about the impact of migration on long-term income growth and distribution, and the net benefits to natives in both destination and source countries.

Human Capital Flight

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Publisher : International Monetary Fund
ISBN 13 : 1451921330
Total Pages : 40 pages
Book Rating : 4.4/5 (519 download)

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Book Synopsis Human Capital Flight by : International Monetary Fund

Download or read book Human Capital Flight written by International Monetary Fund and published by International Monetary Fund. This book was released on 1994-12-01 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyses the impact of government tax and subsidy policy on immigration of human capital and the effect of such immigration on growth and incomes. In the context of a two-country endogenous growth model with heterogeneous agents and human capital accumulation, we argue that human capital flight or “brain drain” arising out of wage differentials, say because of differences in income tax rates or technology, can bring about a reduction in the steady state growth rate of the country of emigration. Additionally, permanent difference in the growth rates as well as incomes between the two countries can occur making convergence unlikely. While in a closed economy, tax-financed increases in subsidy to education can have a positive effect on growth, such a policy can have a negative effect on growth when human capital flight is taking place. Since subsidizing higher education is more likely to induce substantial brain drain, it is likely to be inferior to subsidy to lower levels of education if growth is to be increased.

Endogenous Immigration, Human and Physical Capital Formation, and the Immigration Surplus

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (124 download)

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Book Synopsis Endogenous Immigration, Human and Physical Capital Formation, and the Immigration Surplus by : Isaac Ehrlich

Download or read book Endogenous Immigration, Human and Physical Capital Formation, and the Immigration Surplus written by Isaac Ehrlich and published by . This book was released on 2021 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: We evaluate the economic consequences of immigration in a two-country, two-skill, overlapping-generations framework, where immigration, population, human and physical capital formation, and economic growth are endogenous variables. We go beyond extant literature by integrating physical capital in our model. This enables the derivation of new insights about the induced-immigration effects of exogenous triggers, including pull and push factors and policy variables, on the dynamic evolution of the "immigration surplus" in the short run versus the long run, in destination vs. source countries and in the global economy. The policy shifts we analyze include the easing of constraints on potential migrants' labor and physical capital mobility, and the role of physical capital endowments. We also discuss the policy implications of asymmetries in the net benefits from immigration across destination and source countries.

The Economic and Fiscal Consequences of Immigration

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Publisher : National Academies Press
ISBN 13 : 0309444454
Total Pages : 643 pages
Book Rating : 4.3/5 (94 download)

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Book Synopsis The Economic and Fiscal Consequences of Immigration by : National Academies of Sciences, Engineering, and Medicine

Download or read book The Economic and Fiscal Consequences of Immigration written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2017-07-13 with total page 643 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Economic and Fiscal Consequences of Immigration finds that the long-term impact of immigration on the wages and employment of native-born workers overall is very small, and that any negative impacts are most likely to be found for prior immigrants or native-born high school dropouts. First-generation immigrants are more costly to governments than are the native-born, but the second generation are among the strongest fiscal and economic contributors in the U.S. This report concludes that immigration has an overall positive impact on long-run economic growth in the U.S. More than 40 million people living in the United States were born in other countries, and almost an equal number have at least one foreign-born parent. Together, the first generation (foreign-born) and second generation (children of the foreign-born) comprise almost one in four Americans. It comes as little surprise, then, that many U.S. residents view immigration as a major policy issue facing the nation. Not only does immigration affect the environment in which everyone lives, learns, and works, but it also interacts with nearly every policy area of concern, from jobs and the economy, education, and health care, to federal, state, and local government budgets. The changing patterns of immigration and the evolving consequences for American society, institutions, and the economy continue to fuel public policy debate that plays out at the national, state, and local levels. The Economic and Fiscal Consequences of Immigration assesses the impact of dynamic immigration processes on economic and fiscal outcomes for the United States, a major destination of world population movements. This report will be a fundamental resource for policy makers and law makers at the federal, state, and local levels but extends to the general public, nongovernmental organizations, the business community, educational institutions, and the research community.

Trade and Human Capital Accumulation

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Publisher : World Bank Publications
ISBN 13 :
Total Pages : 54 pages
Book Rating : 4./5 ( download)

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Book Synopsis Trade and Human Capital Accumulation by : Dörte Dömeland

Download or read book Trade and Human Capital Accumulation written by Dörte Dömeland and published by World Bank Publications. This book was released on 2007 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study provides empirical evidence that trade increases on-the-job human capital accumulation by estimating the effect of home country openness on estimated returns to home country experience of U.S. immigrants. The positive effect of trade on on-the-job human capital accumulation remains significant when controlling for GDP, educational attainment, and institutional quality. It is not the result of self-selection, heterogeneity in returns to experience, English-speaking origin, or cultural background. The effect persists when restricting the sample to non-OECD countries, thereby resolving the theoretical ambiguity of whether trade increases or decreases learning-by-doing. The role of trade in generating economic growth is therefore likely to be more important than generally considered.

Importing Human Capital

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Importing Human Capital by : Michael Ben-Gad

Download or read book Importing Human Capital written by Michael Ben-Gad and published by . This book was released on 2003 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the last decade immigration has accounted for a third of the growth in the population of the United States. Although immigration policy is always controversial, much of the public's recent anxiety has focused on the relatively low levels of skill and education, that today's immigrants bring to the country. Many researchers express alarm at the decline in immigrant skills, suggesting that the continued incorporation of these immigrants will ultimately hamper the performance of the U.S. economy and harm the economic well being of native-born Americans. To study the effects of immigration on economic growth and the welfare of the native-born we construct a two-sector endogenous growth model with overlapping dynasties. We use the model to calculate the effects of changes in the rate of immigration, or changes in the relative skill-levels of new immigrants to the United States, on steady state growth rates and the welfare of native households. We also examine the possibility that high rates of immigration between countries in the developing world can create multiple balanced growth paths and poverty traps.

Migration and Human Capital

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Publisher : Edward Elgar Publishing
ISBN 13 : 9781847200846
Total Pages : 0 pages
Book Rating : 4.2/5 (8 download)

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Book Synopsis Migration and Human Capital by : Jacques Poot

Download or read book Migration and Human Capital written by Jacques Poot and published by Edward Elgar Publishing. This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Throughout the world, migration is an increasingly important and diverse component of population change, both at national and sub-national levels. Migration impacts on the distribution of knowledge and generates externalities and spillover effects. This book focuses on recent models and methods for analysing and forecasting migration, as well as on the basic trends, driving factors and institutional settings behind migration processes. Migration and Human Capital also looks at many current policy issues regarding migration, such as the creative class in metropolitan areas, the brain drain, regional diversity, population ageing, illegal immigration, ethnic networks and immigrant assimilation. With specific reference to Europe and North America, the book reviews and applies models of internal migration; analyses the spatial concentration of human capital; considers migration in a family context; and addresses the political economy of international migration. This book will be invaluable for researchers and policy makers in the fields of internal and international migration. It provides up-to-date readings for advanced courses that focus on migration and population change in a global context.

Human Capital Accumulation

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Publisher :
ISBN 13 : 9780731535224
Total Pages : 31 pages
Book Rating : 4.5/5 (352 download)

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Book Synopsis Human Capital Accumulation by : Bruce Chapman

Download or read book Human Capital Accumulation written by Bruce Chapman and published by . This book was released on 2002 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Brain Drain Or Human Capital Flight

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Publisher :
ISBN 13 :
Total Pages : 64 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Brain Drain Or Human Capital Flight by : Nadeem Ul Haque

Download or read book Brain Drain Or Human Capital Flight written by Nadeem Ul Haque and published by . This book was released on 2006 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Migration and Human Capital Formation

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Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 46 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Migration and Human Capital Formation by : Rodney Ramcharan

Download or read book Migration and Human Capital Formation written by Rodney Ramcharan and published by International Monetary Fund. This book was released on 2002-07 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1910, 12 percent of American 14-17 year olds were enrolled in high school; by 1930, enrollment had increased to 50 percent; enrollment in Britain was 12 percent in 1950. This paper argues that by increasing the skill premium, the massive inflows of European unskilled immigrants at the turn of the twentieth century engendered America's sharp rise in human capital investment. The increased enrollments raised the supply of schools, leading to continued schooling investment. Cross section evidence and a VAR analysis of the time series data support the hypothesized role of immigration in generating the high school movement.

Migration of Human Capital in Today's Society

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Publisher : BoD – Books on Demand
ISBN 13 : 3759771882
Total Pages : 112 pages
Book Rating : 4.7/5 (597 download)

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Book Synopsis Migration of Human Capital in Today's Society by : Edward Dzerinyuy Bello

Download or read book Migration of Human Capital in Today's Society written by Edward Dzerinyuy Bello and published by BoD – Books on Demand. This book was released on 2024-05-13 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: MIGRATION OF HUMAN CAPITAL IN TODAY'S SOCIETY with subtitle: Understanding Challenges and Embracing Opportunities offers a profound exploration of the complexities surrounding human migration and its implications for societal development. Drawing from his experiences as a Cameroonian immigrant in Germany, Edward Dzerinyuy provides a compelling narrative that navigates the challenges and opportunities inherent in human capital migration. This book provides actionable insights for policymakers, business, and individuals alike. By understanding the challenges and embracing the opportunities of human capital migration, stakeholders can foster sustainable growth and prosperity within their communities.

Migration, Human Capital and Development

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Publisher : JAI Press(NY)
ISBN 13 : 9780892324163
Total Pages : 200 pages
Book Rating : 4.3/5 (241 download)

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Book Synopsis Migration, Human Capital and Development by : Oded Stark

Download or read book Migration, Human Capital and Development written by Oded Stark and published by JAI Press(NY). This book was released on 1986 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research papers, migration, human capital, economic and social development, theory, Southern Africa, Mexico, USA - labour market, transferable skill, return migration, trade, international migration, brain drain, temporary workers, unskilled workers, skilled workers, irregular migrants, home country, host country, wage differential, miners, agricultural development, rural migration, urbanization, household, family, information source, decision making. Graphs, references, statistical tables. ILO mentioned.

Human Capital Formation and Economic Growth in Asia and the Pacific

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Publisher : Routledge
ISBN 13 : 1135039828
Total Pages : 249 pages
Book Rating : 4.1/5 (35 download)

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Book Synopsis Human Capital Formation and Economic Growth in Asia and the Pacific by : Wendy Dobson

Download or read book Human Capital Formation and Economic Growth in Asia and the Pacific written by Wendy Dobson and published by Routledge. This book was released on 2013-07-18 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: The entire planet looks to Asian and other emerging markets to sustain growth momentum as traditional markets in the USA and Europe struggle with the slow and arduous processes of deleveraging after the global financial crisis. At the same time, there is growing recognition in Asia that the sources of growth must shift to sustain their own growth momentum in the years ahead. Heavy reliance on the region’s high savings rates and plentiful supplies of low-cost labour will have to shift towards increasing the human capital embodied in more educated and skilled labour forces capable of contributing to productivity growth and innovation as future drivers of growth. Human Capital Formation and Economic Growth in Asia and the Pacific focuses on why and how countries are making this shift. The demographic transition is shown to be a significant factor as ageing populations in Japan, South Korea and China manage declining growth in the labour force by stepping up investments in education, and by changing policies and institutions. Lessons to be learned from these experiences by more youthful populations in Southeast Asia are explored. In addition, attention is paid to the consequences of cross-border differentials in technical knowledge and the quantity and quality of human capital. Several implications for public policy and for international cooperation on human-capital issues in the Asian region are identified. The chapters in this volume are edited versions of papers presented at the 35th Pacific Trade and Development conference held in Vancouver, Canada, in June 2012. The conference goal was to better understand how governments and business in Asia and the Pacific can apply the key insight that one of the reasons economies grow is because of human-capital formation – the quality and diversity of the labour force are augmented – not just because the labour force grows in size. Students of Asia’s growth prospects will find several aspects of this volume of particular value. It includes chapters on the big-picture conceptual and measurement issues; on country experiences in meeting the imperatives of the demographic transition and investing in education and skills training; and on country experiences with attracting foreign knowledge and the supply and recruitment of skills across borders in Asia and the Pacific. Policymakers will also find useful the discussions of policy implications and the menu of issues requiring intergovernmental cooperation within the Asian region.

Immigration, Human Capital and Growth in the Host Country

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Publisher :
ISBN 13 :
Total Pages : 48 pages
Book Rating : 4.X/5 (1 download)

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Book Synopsis Immigration, Human Capital and Growth in the Host Country by : Juan José Dolado

Download or read book Immigration, Human Capital and Growth in the Host Country written by Juan José Dolado and published by . This book was released on 1993 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Trade and Human Capital Accumulation

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Publisher :
ISBN 13 :
Total Pages : 54 pages
Book Rating : 4.:/5 (129 download)

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Book Synopsis Trade and Human Capital Accumulation by : Dorte Domeland

Download or read book Trade and Human Capital Accumulation written by Dorte Domeland and published by . This book was released on 2016 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study provides empirical evidence that trade increases on-the-job human capital accumulation by estimating the effect of home country openness on estimated returns to home country experience of U.S. immigrants. The positive effect of trade on on-the-job human capital accumulation remains significant when controlling for GDP, educational attainment, and institutional quality. It is not the result of self-selection, heterogeneity in returns to experience, English-speaking origin, or cultural background. The effect persists when restricting the sample to non-OECD countries, thereby resolving the theoretical ambiguity of whether trade increases or decreases learning-by-doing. The role of trade in generating economic growth is therefore likely to be more important than generally considered.

Human Capital and Economic Development

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Publisher :
ISBN 13 :
Total Pages : 42 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Human Capital and Economic Development by : T. Paul Schultz

Download or read book Human Capital and Economic Development written by T. Paul Schultz and published by . This book was released on 1994 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Brain Gain

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Publisher : World Bank Publications
ISBN 13 :
Total Pages : 41 pages
Book Rating : 4./5 ( download)

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Book Synopsis Brain Gain by : Maurice Schiff

Download or read book Brain Gain written by Maurice Schiff and published by World Bank Publications. This book was released on 2005 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Based on static partial equilibrium analysis, the "new brain drain" literature argues that, by raising the return to education, a brain drain generates a brain gain that is, under certain conditions, larger than the brain drain itself, and that such a net brain gain results in an increase in welfare and growth due to education's positive externalities. This paper argues that these claims are exaggerated. In the static case, and based on both partial and general equilibrium considerations, the paper shows that (1) the size of the brain gain is smaller than suggested in that literature; (2) the impact on welfare and growth is smaller as well (for any brain gain size); (3) a positive brain gain is likely to result in a smaller, possibly negative human capital gain; (4) an increase in the stock of human capital may have a negative impact on welfare and growth; and (5) in a dynamic framework, the paper shows that the steady-state brain gain is equal to the brain drain so that a "beneficial brain drain" cannot take place, and a net brain loss is likely during the transition.