International Migration, Remittances and Income Distribution in the
AbstractThe paper explores, under a wide variety of circumstances, the welfare impact of emigration. The analytical framework posited is a simple two-factor, two-commodity, two-class general equilibrium model that makes a distinction between traded and non-traded goods. The principal aim is to collect and synthesize the well-known results in the literature, derived from diverse analytical frameworks, as well as to establish a number of new ones. It is shown that pure emigration can be beneficial to the non-emigrants in the source country, irrespective of the welfare criteria adopted, if accompanied by sufficient remittances. The paper also highlights the fact that emigration does not affect all classes in society symmetrically. The division of losers and gainers depends on the volume of remittances, the distribution of factor endowments and the type of emigration. Copyright 1997 by Blackwell Publishing Ltd and the Board of Trustees of the Bulletin of Economic Research
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Bibliographic InfoArticle provided by Wiley Blackwell in its journal Bulletin of Economic Research.
Volume (Year): 49 (1997)
Issue (Month): 1 (January)
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Web page: http://www.blackwellpublishing.com/journal.asp?ref=0307-3378
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- Bertoli Simone, 2006. "Remittances and the Dynamics of Human Capitalin the Recipient Country," Department of Economics and Statistics Cognetti de Martiis. Working Papers 200607, University of Turin.
- Slobodan Djajic & Michael S. Michael, 2009. "Temporary Migration Policies and Welfare of the Host and Source Countries: A Game-Theoretic Approach," CESifo Working Paper Series 2811, CESifo Group Munich.
- Djajic, Slobodan, 1998. "Emigration and welfare in an economy with foreign capital," Journal of Development Economics, Elsevier, vol. 56(2), pages 433-445, August.
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