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Migration, Human Capital Formation, and Long-Run Output

In: Migration: A challenge for Europe. Symposium 1993

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Listed:
  • Galor, Oded
  • Stark, Oded

Abstract

Interest in the effects of labor migration on the receiving economy has not produced ample insights regarding its long-run consequences. Important as it may be, the impact on wages and employment, especially on groups whose labor market characteristics are similar to those of migrants, could be transitory. With very few exceptions (e.g., Galor, 1986), the existing migration literature has not provided a coherent analysis confirming that any such effect could not be reversed in the long run. Conversely, the analysis of the transition and steady-state repercussions of migration that arise even if migration has no effect at all on standard labor market variables such as wages and employment is yet to be pursued. This paper takes a step in this direction. We focus on one particular characteristic of migrants, viz., the level of human capital, and explore its repercussions. (...)

Suggested Citation

  • Galor, Oded & Stark, Oded, 1994. "Migration, Human Capital Formation, and Long-Run Output," EconStor Open Access Book Chapters, in: Migration: A challenge for Europe. Symposium 1993, pages 59-68, ZBW - Leibniz Information Centre for Economics.
    • Handle: RePEc:zbw:eschap:231317
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    References listed on IDEAS

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    1. Romer, Paul M, 1986. "Increasing Returns and Long-run Growth," Journal of Political Economy, University of Chicago Press, vol. 94(5), pages 1002-1037, October.
    2. George J. Borjas, 2021. "Ethnic Capital And Intergenerational Mobility," World Scientific Book Chapters, in: Foundational Essays in Immigration Economics, chapter 6, pages 107-134, World Scientific Publishing Co. Pte. Ltd..
    3. Galor, Oded, 1986. "Time preference and international labor migration," Journal of Economic Theory, Elsevier, vol. 38(1), pages 1-20, February.
    4. Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
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    More about this item

    Keywords

    migration; human capital;

    JEL classification:

    • F22 - International Economics - - International Factor Movements and International Business - - - International Migration
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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