He macroeconomic impact of foreign labour influx into the industrialized nation state and the complementary policies

被引:6
作者
Choi, YY [1 ]
机构
[1] Hansung Univ, Dept Intl Trade, Seoul 136792, South Korea
关键词
D O I
10.1080/0003684042000246777
中图分类号
F [经济];
学科分类号
02 [经济学];
摘要
This paper makes a numerical assessment on the macroeconomic impact of foreign labor influx into the industrialized nation state allowing free trade in goods but imposing an immigration quota on labor, and then explores the complementary policies for the impact of foreign labor influx. One of the main findings is that immigration itself brings welfare gains only if prices are flexible, but a skill-biased intake policy can bring a much larger welfare gain. The complementary policy options to boost welfare gains by immigration increase are monetary expansion, adopting foreign components more, and influencing foreign demand for intermediate goods indirectly by inviting foreign direct investment. For these policies to cope, the destination country should try to correct the market structure so that prices can be flexible.
引用
收藏
页码:1057 / 1063
页数:7
相关论文
共 13 条
[1]
[Anonymous], INT TRADE MIGRATION
[2]
BALDWIN RE, 1988, EMPIRICAL METHODS IN
[3]
*BANK KOR, 1999, FIN STAT AN
[4]
*BANK KOR, 1971, EC STAT YB
[5]
Borjas G.J., 1992, IMMIGRATION WORKFORC
[6]
BORJAS GJ, 1994, J ECON LIT, V32, P1667
[7]
BORJAS GJ, 1997, BROOKINGS PAPERS EC, V1, P1
[8]
THE IMPACT OF THE MARIEL BOATLIFT ON THE MIAMI LABOR-MARKET [J].
CARD, D .
INDUSTRIAL & LABOR RELATIONS REVIEW, 1990, 43 (02) :245-257
[9]
Cline W. R., 1997, Trade and Income Distribution
[10]
KOHLI U, 1997, 1684 CEPR