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Migration dynamics, growth and convergence

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  • Gemma Larramona

    (Department of Economic Analysis. Facultad de Ciencias Econ�micas y Empresariales. University of Zaragoza.)

  • Marcos Sanso

    (Department of Economic Analysis. Facultad de Ciencias Econ�micas y Empresariales. University of Zaragoza.)

Abstract

The aim of the present paper is to analyze the impact of migration dynamics on economic growth and convergence in terms of both the capital/labor ratio and wages. From our results, the following main conclusions can be highlighted: 1) migration positively affects the sending country because of the improvement in the capital/labor ratio and the savings of returning workers; 2) the differences existing between countries do not necessarily disappear in the long term, so the convergence that arises is limited or conditional because it does not necessarily imply an equalization of per capita income, capital/labor ratio, and wages, or the disappearance of migration; and 3) the possibility of migratory flow reversion cannot be excluded in the transitory dynamics.

Suggested Citation

  • Gemma Larramona & Marcos Sanso, 2005. "Migration dynamics, growth and convergence," Documentos de Trabajo dt2005-09, Facultad de Ciencias Económicas y Empresariales, Universidad de Zaragoza.
    • Handle: RePEc:zar:wpaper:dt2005-09
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    References listed on IDEAS

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    Cited by:

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    2. Raúl Serrano & Vicente Pinilla, 2014. "New directions of trade for the agri-food industry: a disaggregated approach for different income countries, 1963–2000," Latin American Economic Review, Springer;Centro de Investigaciòn y Docencia Económica (CIDE), vol. 23(1), pages 1-22, December.
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    12. Jacques Poot, 2007. "Demographic Change and Regional Competitiveness: The Effects of Immigration and Ageing," Population Studies Centre Discussion Papers dp-64, University of Waikato, Te Ngira Institute for Population Research.
    13. Micheli, Martin, 2020. "Aggregate stability under a budget rule and labor mobility," Economic Modelling, Elsevier, vol. 93(C), pages 510-519.
    14. Joan Muysken & Thomas Ziesemer, 2014. "The Effect of Immigration on Economic Growth in an Ageing Economy," Bulletin of Applied Economics, Risk Market Journals, vol. 1(1), pages 35-63.
    15. Ikhenaode, Bright Isaac & Parello, Carmelo Pierpaolo, 2020. "Immigration and remittances in a two-country model of growth with labor market frictions," Economic Modelling, Elsevier, vol. 93(C), pages 675-692.
    16. Nurgul Ukueva, 2011. "Migration, Remittances and Growth," DEGIT Conference Papers c016_032, DEGIT, Dynamics, Economic Growth, and International Trade.
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