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Aging, Trade and Migration

Author

Listed:
  • Richard Chisik

    (Department of Economics, Ryerson University, Toronto, Canada)

  • Harun Onder

    (The World Bank)

  • Dhimitri Qirjo

    (Department of Economics & Finance, SUNY Plattsburgh)

Abstract

We consider the role of demand driven changes arising from population aging and how they affect the pattern of international trade as well as immigration and trade 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 towards younger immigrants. A unilateral tariff increase can also reduce firm delocation from aging country, however, a reciprocated tariff increase will unambiguously harm the country with the older average population.

Suggested Citation

  • Richard Chisik & Harun Onder & Dhimitri Qirjo, 2015. "Aging, Trade and Migration," Working Papers 058, Toronto Metropolitan University, Department of Economics.
    • Handle: RePEc:rye:wpaper:wp058
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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. Gu, Ke & Stoyanov, Andrey, 2018. "Skills, Population Aging, and the Pattern of Trade," MPRA Paper 84349, University Library of Munich, Germany.
    3. Qirjo, Dhimitri & Pascalau, Razvan & Krichevskiy, Dmitriy, 2019. "CETA and Air Pollution," MPRA Paper 95608, University Library of Munich, Germany.

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    More about this item

    Keywords

    Demographic Transition; Consumption; Trade Policy; Immigration 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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