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Labour Migration and Shadow Prices

Author

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  • HENRY J. BRUTON

    (Ford Foundationfor MiddleEast and North Africa)

Abstract

The effect of migration and home remittances .on the shadow prices of labour and foreign exchange is analysed here, taking into consideration changes in their social marginal productivities.It is argued tha r appreciation of currency, due to large capital inflows and not to increased productivity, results in a misallocation of resources, and, therefore, there is an urgent need for a proper analysis to determine the optimal level of emigrants.

Suggested Citation

  • Henry J. Bruton, 1980. "Labour Migration and Shadow Prices," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 19(1), pages 65-77.
    • Handle: RePEc:pid:journl:v:19:y:1980:i:1:p:65-77
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    File URL: http://www.pide.org.pk/pdf/PDR/1980/Volume1/65-77.pdf
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    References listed on IDEAS

    as
    1. Isabelle Tsakok, 1979. "Shadow Prices for Pakistan: An Assessment of Alternative Estimates," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 18(3), pages 253-263.
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    Cited by:

    1. Muhammad Irfan, 2010. "A Review of the Labour Market Research at PIDE 1957-2009," PIDE Books, Pakistan Institute of Development Economics, number 2010:1 edited by Rashid Amjad & Aurangzeb A. Hashmi.

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    1. John Weiss, 1980. ""Shadow Prices for Pakistan: An Assessment of Alternative Estimates" - A Reply," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 19(1), pages 75-77.

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