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Migration and Economic Growth: a 21st Century Perspective

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Abstract

While there is extensive literature on the determinants of migration and its microeconomic effects, the New Zealand theoretical or empirical literature specifically examining the effects of migration on economic growth is not as comprehensive. In New Zealand there has been an implicit underlying assumption that immigration is good for economic growth, as evidenced by the attempted use of immigration to resolve particular labour market problems. This paper uses the growth accounting policy framework to discuss the mechanisms through which immigration can impact economic growth. It reviews the contemporary literature with a view to identifying how immigration policy may be adjusted to improve the potential returns to growth from immigration in New Zealand.

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  • Cat Moody, 2006. "Migration and Economic Growth: a 21st Century Perspective," Treasury Working Paper Series 06/02, New Zealand Treasury.
    • Handle: RePEc:nzt:nztwps:06/02
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    File URL: https://treasury.govt.nz/sites/default/files/2007-09/twp06-02.pdf
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    Cited by:

    1. Christine Tamásy & Richard Le Heron, 2008. "The Geography Of Firm Formation In New Zealand," Tijdschrift voor Economische en Sociale Geografie, Royal Dutch Geographical Society KNAG, vol. 99(1), pages 37-52, February.
    2. Geoffrey T. F. Brooke & Anthony M. Endres & Alan J. Rogers, 2016. "The Economists and New Zealand Population: Problems and Policies 1900–1980s," Working Papers 2016-08, Auckland University of Technology, Department of Economics.
    3. Imran SARIHASAN, 2016. "Immigration Growth Tendencies In Oecd Countries," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 12, pages 547-553, December.
    4. Marcus H. Böhme & Sarah Kups, 2017. "The economic effects of labour immigration in developing countries: A literature review," OECD Development Centre Working Papers 335, OECD Publishing.

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    More about this item

    Keywords

    Migration; immigration; emigration; economic growth; growth accounting framework; New Zealand;
    All these keywords.

    JEL classification:

    • F22 - International Economics - - International Factor Movements and International Business - - - International Migration
    • J61 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Geographic Labor Mobility; Immigrant Workers
    • O49 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Other
    • O56 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Oceania

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