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Aging, trade, and migration

Author

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  • Chisik,Richard Asher
  • Onder,Harun
  • Qirjo,Dhimitri

Abstract

This study considers the role of demand-driven changes arising from population aging and howthey affect the pattern of international trade as well as trade and immigration policy. An aging society can see a welfare-reducing reduction in its share of manufacturing output and this reduction is magnified by a decrease in trade costs (an increase in globalization). Immigration can ameliorate this outcome if it is directed toward younger immigrants. A unilateral tariff increase can also reduce firm delocation from an aging country, however, a reciprocated tariff increase will unambiguously harm the country with the older average population.

Suggested Citation

  • Chisik,Richard Asher & Onder,Harun & Qirjo,Dhimitri, 2016. "Aging, trade, and migration," Policy Research Working Paper Series 7740, The World Bank.
  • Handle: RePEc:wbk:wbrwps:7740
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    References listed on IDEAS

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    Cited by:

    1. Dhimitri Qirjo & Razvan Pascalau, 2019. "The Role of TTIP on the Environment," Southern Economic Journal, John Wiley & Sons, vol. 85(4), pages 1262-1285, April.
    2. Qirjo, Dhimitri & Pascalau, Razvan & Krichevskiy, Dmitriy, 2019. "CETA and Air Pollution," MPRA Paper 95608, University Library of Munich, Germany.
    3. Gu, Ke & Stoyanov, Andrey, 2018. "Skills, Population Aging, and the Pattern of Trade," MPRA Paper 84349, University Library of Munich, Germany.

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    More about this item

    Keywords

    Trade and Multilateral Issues; Rules of Origin; International Trade and Trade Rules; Trade Policy;
    All these keywords.

    JEL classification:

    • F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
    • J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination
    • F22 - International Economics - - International Factor Movements and International Business - - - International Migration

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