The Economic Impact of Medical Migration: a Receiving CountryÕs Perspective
This paper seeks to determine the macro-economic impacts of migration of skilled medical personnel from a receiving countryÕs perspective, taking the UK as an archetype OECD economy that imports medical services. The resource allocation issues have been explored in theory, by further developing the Rybczynski theorem and empirically, using a Computable General Equilibrium (CGE) model with an extended health component. The main finding is that importing foreign doctors and nurses into the UK yields higher overall welfare gains compared to a generic increase in the NHS budget. Welfare gains rise in the case of wage protection.
|Date of creation:||Aug 2007|
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