Inter-provincial Migration of Income Among Canada's Older Population: 1996-2001
AbstractMuch of the literature on internal migration in Canada has focused on the determinants of migration, as opposed to the impacts. Yet, it is likely that migration has a large impact upon the distribution and re-distribution of income across regions. Such impacts may be magnified within the older population, as their relocation involves the transfer of savings such as pensions, retirement investments, or other income supplements from province to province. Using methods proposed by Plane (1999), income-based versions of demographic effectiveness and efficiency are applied to evaluate the movement of non-earned income in the Canadian context among Canada's older population. The analysis uses data drawn from the 2001 Census, and focuses upon the older population (aged 60+ in 2001), distinguishing between three types of income, including (i) Old Age Security and Guaranteed Income Supplements; (ii) Canada/Quebec pension plan benefits; and (iii) Retirement Investment income. In addition to evaluating the magnitude of income redistribution, the impact of primary, return, and onward migration on regional income distributions is also evaluated, illustrating the importance of return migration in transferring incomes over space.
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Bibliographic InfoPaper provided by McMaster University in its series Social and Economic Dimensions of an Aging Population Research Papers with number 148.
Length: 42 pages
Date of creation: Feb 2006
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Canada; migration; pension;
Find related papers by JEL classification:
- J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
- J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination
- O15 - Economic Development, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
- R23 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population
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- Daniel Beland & John Myles, 2003. "Stasis Amidst Change: Canadian Pension Reform in an Age of Retrenchment," Social and Economic Dimensions of an Aging Population Research Papers 111, McMaster University.
- Emile Tompa, 1999. "Transitions to Retirement: Determinants of Age of Social Security Take Up," Social and Economic Dimensions of an Aging Population Research Papers 6, McMaster University.
- J Ledent & K- L Liau, 1989. "Provincial out-migration patterns of Canadian elderly: characterization and explanation," Environment and Planning A, Pion Ltd, London, vol. 21(8), pages 1093-1112, August.
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