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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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    5. Elena Vakulenko, 2016. "Does migration lead to regional convergence in Russia?," International Journal of Economic Policy in Emerging Economies, Inderscience Enterprises Ltd, vol. 9(1), pages 1-25.
    6. Joaquín Andaluz, 2009. "Vertical product differentiation with subcontracting," Papers in Regional Science, Wiley Blackwell, vol. 88(4), pages 785-798, November.
    7. Soumya Datta & C. Saratchand, 2021. "Kaleckian conflict inflation with endogenous labor supply," Metroeconomica, Wiley Blackwell, vol. 72(2), pages 238-259, May.
    8. Jorge Gonz�lez, 2015. "Estimating income elasticities of leisure activities using cross-sectional categorized data," Documentos de Trabajo dt2015-02, Facultad de Ciencias Económicas y Empresariales, Universidad de Zaragoza.
    9. 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.
    10. Micheli, Martin, 2020. "Aggregate stability under a budget rule and labor mobility," Economic Modelling, Elsevier, vol. 93(C), pages 510-519.
    11. Nurgul Ukueva, 2011. "Migration, Remittances and Growth," DEGIT Conference Papers c016_032, DEGIT, Dynamics, Economic Growth, and International Trade.
    12. Ikhenaode, Bright Isaac & Parello, Carmelo Pierpaolo, 2022. "Migration, technology diffusion and convergence in a two-country AK Growth Model," MPRA Paper 115340, University Library of Munich, Germany.
    13. Bright Isaac Ikhenaode & Carmelo Pierpaolo Parello, 2018. "Endogenous Migration in a Two-Country Model with Labor Market Frictions," Working Papers in Public Economics 184, University of Rome La Sapienza, Department of Economics and Law.
    14. Ra�l Comp�s & Samuel Faria & T�nia Gon�alves & Vicente Pinilla & Jo�o Rebelo & Katrin Sim�n-Elorz, 2021. "The shock of lockdown on the spending on wine in the Iberian market: the effects of procurement and consumption patterns," Documentos de Trabajo dt2021-04, Facultad de Ciencias Económicas y Empresariales, Universidad de Zaragoza.
    15. 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.
    16. 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.
    17. M. T. Aparicio & I. Villan�a, 2012. "Selection criteria for overlapping binary Models," Documentos de Trabajo dt2012-01, Facultad de Ciencias Económicas y Empresariales, Universidad de Zaragoza.
    18. Brambila Macias, Jose, 2008. "Remittances, Migration and Informality in Mexico. A Simple Model," MPRA Paper 8373, University Library of Munich, Germany.
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