Immigration and Economic Welfare: Resource and Enviromnental Aspects
AbstractThe relation between immigration and the economic welfare of residents is analyzed for resource-rich economies (such as Australia) both under competitive conditions and when various distortions are present. Immigration provides efficiency gains for residents under distortion-free competition for standard 'gains from trade'reasons. Such reasons, however, tend to be ignored by immigration and 'optimal population'theorists who raise the issue of restricting immigration without explicitly referring to the distortions. In situations where distortions and externalities are present, the authors argue that it is generally preferable to devise policies that specifically target the distortions than to restrict immigration. Copyright 1993 by The Economic Society of Australia.
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Bibliographic InfoPaper provided by School of Economics, La Trobe University in its series Working Papers with number 1992.21.
Date of creation: 1992
Date of revision:
Other versions of this item:
- Clarke, Harry R & Ng, Yew-Kwang, 1993. "Immigration and Economic Welfare: Resource and Environmental Aspects," The Economic Record, The Economic Society of Australia, vol. 69(206), pages 259-73, September.
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- Asadul Islam & Dietrich K. Fausten, 2007.
"Skilled Immigration and Wages in Australia,"
Development Research Unit Working Paper Series
36-07, Monash University, Department of Economics.
- Matthew W. Peter & George Verikios, 1995.
"The Effects of Immigration on Residents' Incomes in Australia: Some Issues Reconsidered,"
Centre of Policy Studies/IMPACT Centre Working Papers
g-115, Victoria University, Centre of Policy Studies/IMPACT Centre.
- Matthew W. Peter & George Verikios, 1996. "The Effect of Immigration on Residents' Incomes in Australia: Some Issues Reconsidered," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 29(2), pages 171-188.
- Peter E. Robertson, 2007. "Reflections on Australia’s Skilled Migration Policy," Discussion Papers 2007-22, School of Economics, The University of New South Wales.
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